Custom Furniture E-Commerce Business
Under Contract
Financials
Asking Price of business :$600,000Annual Sales :$650,000 Cash Flow :$150,000
Summary Description
This Maine-based e-commerce business serves affluent households across America. It specializes in the design, production, and marketing of custom wood furniture. The company also sells related accessory items. Manufacturing can be maintained in-house or sourced to outside suppliers. It would be an ideal add-on for another wood products manufacturer, furniture retailer, or stand-alone e-commerce operation. While the company’s primary source of revenue is direct-to-consumer sales, it has recently developed new sources of growth within the U.S. hospitality industry.
General Information
Year Established :2009Business Location :Maine / Relocatable
Market Outlook
Competition & Market :
The company has very few competitors and provides a niche product. Company products have received numerous media mentions.
Growth & Expansion :
The increasing demand for eco-friendly products made in the US is driving sales, but there are numerous opportunities to add new products, pursue retail channels or co-branding strategies.
About the Sale
Financing :Anticipated Seller & Bank Financing TBD. Down Payment 450,000. Working Capital Needed 150,000
Support/Training : Seller will provide training for a smooth transition.Reason for Sale : Personal circumstances.
Contact Information
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
Email: .(JavaScript must be enabled to view this email address)
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