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Unique Furniture Wholesale And Distribution For Sale

Greater Toronto Area, Ontario
  • $855,000
  • (Furniture / Fixtures and Inventory / Stock included)

Sales revenue:
$1,300,000
Cash flow:
$278,000
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A unique furniture wholesale business for sale. The furniture is designed by the company and manufactured by the factories in Asia. All the products are trademarked and specifically designed for North American market.. The only value added processing it undertakes is to finish the cushions for each furniture set. Once completed, the sets are sold to the retail customers in Canada and in US. The company does, currently limited marketing of its products to extend the buyer base due to excessive owner engagement with other business ventures. Easy to run business. Established clientele. Management in place, some staff are working with the company for 15 years. A manager who is running the business for the current owner is willing to stay with the new owner. The manager has 30 years experience in furniture business and 15 years working with this company. This business is almost owner absentee. With hands on management, there is a great potential for growth. The current owner is very busy with his other business engagements overseas and therefore wants to sell and move outside the country to focus on his main business. 8 to 5 business with 2 days off. For more information, call Reza Akbari at:------------



Real Estate:
Lease
Premises details:
19000 sq ft, $8800.00

Reasons for selling:
Moving out of country on other business venture
Trading hours:
Days: Monday to Friday, Hours: 8 to 4
Employees:
Full Time: 5, Part Time: 2
Years established:
24
Financing available:
Downpayment Required: NEGOTIABLE
Monthly Payroll: $15,000
Furniture / Fixtures value:
$108,000 (included in the asking price)
Inventory / Stock value:
$550,000 (included in the asking price)


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