Outdoor Leisure Furniture Retailer w/ regional brand
| Asking Price: | $1,600,000 |
| Gross Revenue: | $2,600,000 |
| Established Year: | 1985 |
| Cash Flow: | $537,000 |
| Inventory: | $500,000 |
Fantastic long running family company in highly profitable Massachusetts marketplace. This business has a core focus on outdoor leisure furniture/outdoor products. The strategic geographic location offers access to affluent communities with high discretionary spending (many repeat customers and low customer concentration). Excellent roadside exposure and over 10,000 sq. ft. of showroom allows customers to tour and view many of the offered products.
The business offers “all things furniture”, including teak, IPE wood, aluminum, wicker and poly, including their own proprietary brand line that is ripe for expansion. They also sell accessories such as umbrellas, bases, fire tables, covers, art, outdoor rugs. Lastly, they sell outdoor structures such as pergolas, pavilions and swing sets.
Excellent long tenured staff with solid management in place. Seller willing to stay involved in the business post acquisition to ensure smooth transition.
