Manufactured Walls for Large Institutions

Florida
listing image
Asking Price:$950,000
Gross Revenue:$3,486,483
FF&E:$332,310
Cash Flow:$283,271
Inventory:$388,630
Established Year:2008
BUSINESS DESCRIPTION

Manufactured walls. This company manufactures and installs custom walls that are cleanly installed in existing commercial spaces. The walls and dividers can support wall-mounted screens, include some glass or be floor to ceiling glass. This is a unique business that provides installation of walls and doors, but because it is classified as furniture, this does not require any contractors' license. As with custom furniture orders, large deposits are paid up-front. The installation crews are all trained W-2 employees. The customers are Fortune 500 companies, government offices, universities and other institutions. With office spaces being reconfigured as companies rethink their office environments, this company offers tremendous customization and flexibility.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
26,333
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located in a large warehouse with office space. The offices serve as a showroom, featuring various uses and variations of the product installed and functioning.
Competition
There are a few companies that provide these products, primarily large furniture companies. Because this company manufactures their own products and maintains an inventory of all the materials, this company can provide service to their client, even for small repairs and adjustments.
Growth & Expansion
The owners have consciously kept the business to their desired size, and resisted some growth. There are several potential directions for growth; add products and services for existing clients, actively pursue additional clients, and expand geographic area to service.
Financing
Lender pre-screened with $92K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Reason for Sale is retirement.
Report an Issue with this listing
profile-img
Mark
Purtee
logo-img
Mark Purtee