Wholesaling Importing Home Furnishings Business
Location: Canada -> Ontario -> Greater Toronto Area
Industry: Wholesale and Distribution > Wholesale and Distribution
Businesses for sale Summary
With little competition in this product category and a solid target market of middle-aged consumers with money, the sales and profits for this business continue to perform well – even in a softer economy. Sales to North American dealers this September and October are higher than the same months last year. Seller’s earnings are on track to exceed the $400,000 that the seller is representing. The operation has three office staff including a General Manager; plus eight warehouse staff who unpack and ship seventy containers a year. Their dealers throughout North America say this product line is the highest margin product line they sell. Their dealers rely on the company’s fast four week delivery turn-around time on special orders, to support the dealers’ sales momentum.
The seller visits the suppliers once a year in the Pacific Rim. The seller regularly visits with customers; with the salesforce of ten in the US and seven in Canada, to gather market information and provide it to the well-informed sales management team. The seller orders products and also develops new product offerings along with an outside design consultant. This is not a hard business to run, and offers normal working hours and excellent returns. The seller is prepared to provide inventory financing for a qualified buyer , along with a good training and transition. Asking: $1,200,000. Contact for more information on this Home Furnishings business for sale.
Financials
Asking Price Range: $1.0M – $2.5M
Gross Revenues: $3,000,000
Cash Flow: $400,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $680,000
Seller Financing: Yes
About The Business
Year Established: 1998
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide training & transition.
Reason For Selling: Career change.
With little competition in this product category and a solid target market of middle-aged consumers with money, the sales and profits for this business continue to perform well – even in a softer economy. Sales to North American dealers this September and…
