Business For Sale Listing 154584
Custom Manufacturer of Premier Wood Furniture
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
Our firm currently represents a family-owned and operated manufacturer of high-quality custom designed, hand assembled wood furniture serving primarily the hospitality industry for three decades. Backlog of 155 orders exceeding $4.5 million. Poised to achieve $7MM in revenue and $958K in EBITDA in FY 2009 which represents a 7% and 15% increase respectively. Customer base composed primarily of the hospitality trade – casino hotels/resorts industry, major high-end hotels and golf resorts; with a strong foothold on residential buildings; and furniture retailers (private label). One-year warranty against defects in materials or construction on all furniture which include: custom, standard, private label wood furniture and a small percent of upholstered furniture. Highly experienced staff of office and manufacturing personnel and engineers. All design work is done in-house or provided by the client. Honesty and loyalty to customers and to employees are keys to their success along with a reputation for creative thinking and solutions to a wide array of design challenges. Handles all aspects of a project including: drawing and design, custom and atypical finish processes, use of atypical materials, prototypes, finish samples, custom components, specialty hardware, and designs for special uses. Woods used in most applications are: white maple, pine, alder, cherry, mahogany, and walnut. Most business is secured through bidding with one fifth being obtained through negotiation. Strong/solid relationships with purchasing agents.
Categories
| Industry: |
Manufacturing Businesses For Sale Furniture Manufacturers For Sale |
|---|---|
| Location: |
United States Businesses For Sale |
| Other: |
Relocatable Businesses For Sale Middle Market Businesses For Sale |
Industry
| Sector: | Manufacturing |
|---|---|
| Industry: | Furniture & Related Products |
Location
| Classification: | United States |
|---|
Financials
| Sales: | Between $5 Million And $10 Million (6,600,000) |
|---|---|
| Profits: | Between $500 Thousand and $1 Million (834,000) |
| Profit Type: | Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: | Not Disclosed |
