Furniture Manufacturing Company - 70 Years Young
Miami-dade County, FL (Absentee Owner,)
Asking Price :
$ 1,500,000
Cash Flow :
$ 200,000
Gross Revenue :
$ 1,800,000
Inventory :
N/A
FF&E:
$ 750,000
Year Started:
1954
Business Description
This is it. An incredible opportunity to own a US based manufacturing company with worldwide distribution channels. This is the business that you have been looking for. This company is now, and has been, a leader in the casual and outdoor furniture space for 7 decades. If you have traveled, you have undoubtedly relaxed on one of their fine creations.This is a well established company with a very modern factory that produces state of the art quality furnishings in their niche sector of the market. This is a fully operational, fully staffed company with an experienced management team and knowledgeable laborers in place. The current owner is relatively hands-off and only works in the business on a very limited, part-time basis.
This is truly a turn-key business that checks all the boxes; profitability, sustainability, scalability. They have wonderful long term relationships with some iconic international brands that they manufacture for, and the potential to expand into additional markets is apparent. They do everything from their own sewing to their own metal fabrication Located very close to the ports in South Florida for convenient international shipping.
If Made in America still means something to you, and you have the vision to lead this venture into the next 70 years, this could be the company for you.
Detail Information
Location: Miami-dade County, Florida
Inventory : Not Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Lease
Building SF : N/A
Rent : N/A
Lease Expiration : N/A
Employees: 14
Year Established: 1954
Facilities & Assets: Large manufacturing facility in prime location.
Support & Training: Owner is willing to stay on as needed to ensure a smooth transition.
Reason for Selling: Retiring