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Business Sales
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Individual Business Listing
School Furniture Manufacturer
County: San Bernardino, CA
BusinessQuest ID: 16016
Contact: Dee Khanna, (909) 553-1211
County: San Bernardino, CA
BusinessQuest ID: 16016
Contact: Dee Khanna, (909) 553-1211
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Financial Summary
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General Information
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Price:
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$275,000 |
Financing:
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Yes | |
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Down Payment:
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$300,000 |
Year Established:
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1982 | |
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Sales:
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$1,115,500 |
# Employees:
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12 | |
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Cash Flow:
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$160,000 |
Facility Size:
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17000 sq. ft. | |
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Inventory:
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$125,000 |
Training:
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2 weeks | |
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Inventory Included:
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No |
Reason for Sale:
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Retirement | |
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FF&E:
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$100,000 | |||
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Monthly Lease:
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$5,000.00 | |||
| Business Summary Contact business broker for more information regarding this long established Furniture Manufacturer for sale located in San Bernardino County area of Southern California. The business was established more than 30 + years ago by the current owner and has a well-established brand name. The business operates from a well-equipped 17000 s.f. facility located close to major freeways with easy access. They design and manufacture most of their products here in Southern California. The company specializes in making kids furniture and works with almost all of the school districts and private schools in the area. They also manufacture furniture for hospitals. The company has a reputation for quality products and has enjoyed repeat business from clients over the years. The business is projected to do about $1.4 million in sales for the year 2016. The Real Estate can be purchased for $2.7 million. The buyer can also lease the facility for one year at $5,000/mo. and relocate the business after first year. Seller will pay relocation cost up to $25,000 for relocating the business. The company has a staff of well trained and loyal employees who have worked here for several years. This is a great opportunity to own a successful business that can be further expanded to other markets. The owner is willing to carry a partial seller note for qualified buyers and will provide training for a smooth transition. This is a great opportunity for an entrepreneur with manufacturing background and also for investors who would like to build on company’s strength and take it to the next level. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this Furniture Manufacturer business for sale located in San Bernardino area of Southern California. Disclaimer BusinessQuest™ (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |
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