Business for Sale

Outdoor Furniture Designer/Builder

BizEx1148-DC

Background

General Location:Orange, CA
Category: Bldg Materials, Home & Garden
Building
Years in Business:32 years
Under Present Owner:32 years
Hours of Operation:8am - 4:30pm
Owner Hours:
Training:None
Organization Type:C-Corp
Lease Expiration:2/28/2018
Lease Options:
Building Size:900 sq ft office + Storage
Employees:3
Reason for Sale:Retirement

Financials

Asking Price:$360,000
Down Payment:$36,000
Gross Sales:$597,000
Discretionary Cash Flow:$231,939
FF&E:$10,000
Inventory Included?No
Inventory:Call
Min. Operating Capital:
Real Estate Available?No
Rent:$1,650
Payroll:$6
Financing:Buyer

2016 2015
Gross Sales $ 791,268 $ 780,978
Gross Profit $ 447,955 $ 288,880
Disc. Earnings $ Call $ Call

Description

Commercial outdoor furniture designer/builder for sale. This company is a well-established furniture manufacturer with the experience and skills to complete a wide variety of projects. Their business includes the design, engineering, and manufacture of indoor and outdoor furnishings for public spaces. Over 30+ years of installs at shopping malls, hotels, resorts, colleges, universities, healthcare facilities, corporate headquarters, and more.

‚ÄčThis business for sale is an ideal tuck in for an architectural firm, designer builder or contractor. Please contact David Chavez at 310-503-6847 for more information. 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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David Chavez
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 133
Direct: (310) 503-6847
Lic#: 01918858