The Biz Blog
June 10, 2011 by Shelli Margolin
Shelli Margolin just launched a new listing: https://www.bizex.net/listing/351
Growing Office Furniture Warehouse Asking: $175,000 * Gross: $280,551 * Net: $84,704
Business to business office furniture sales in growth mode. "Employment = chairs!" As employment eeks upward, so goes affordable office furniture sales.
Characteristics: - Seller retiring at 76 years old after 21 years in business - 60% used & refurbished office furniture sales - Increasing new office furniture sales - 60% - 70% revenue from internet sales - Turnkey product - Serves 100 mile radius from central LA location - Vendors - local, quick turnaround, quality product & low cost - Known for 48 hr "order to delivery & installation" - Focus on small to mediums size businesses - In house refurbishing - Mark-up new furniture 80% - 100% - Mark-up used and refurbished furniture 200% - 300%
Opportunities: - Seller NOT internet savvy - buyer with internet skills can dramatically increase sales - MARKETING & ADVERTISING - Seller hasn't invested lately - Increase hours to weekends - Expand product line - Increase refurbished furniture business - tools, equipment and training included - Seller will teach business and space planning
Seller willing to sell building with good terms available through SBA financing. Rent is market rate negotiated with seller.
Interested parties please register at www.bizex.net or contact Shelli Margolin at 310 882-2200 ext 128.
Shelli Margolin Email: smargolin@bizex.net Office: (310) 882-2200 ext 128 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/shelli-margolin
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