Distributor and Manufacturer of Home Goods-New Numbers!

Pennsylvania
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Asking Price:$2,000,000
Gross Revenue:$7,000,000
Established Year:1981
Cash Flow:$1,300,000
FF&E:$500,000
BUSINESS DESCRIPTION

Wholesale distributor and manufacturer of lighting products, lamps and other home goods is available for sale. Its largest customers are well known internet platforms and retail showrooms which stock this branded product line. The Company specifies the design, colors and materials of the lighting products. Some of the products are manufactured offshore. Others are manufactured and assembled domestically. The Company's warehouse is located in the Mid-Atlantic region with products distributed nationally. In addition to buying the business, the purchaser may opt to purchase the real estate from the Seller which is generating $12,000 per month from unrelated tenants or the purchaser may opt to pay $12,000 per month rent for use of 24,000 square feet of the building in which the business is now operating. New purchase price of $2,000,000 plus inventory and accounts receivable. Cash flow has increased, now 1,300,000!


DETAILED INFORMATION
Location
Pennsylvania
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
36,000
Employees
36
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The price of the business includes FF&E. The property can be rented or purchased and is not included in the sale price..
Support & Training
The owner will enter into a consulting agreement with Buyer to transition the business.
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Steven
A. Rosen
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Steven A. Rosen