Manufacturer & Distributer of Home Org. Products
Manufacturer and distributor of premium solid wood do it yourself and ready to assemble home organization solutions from closet systems to entry way. Products are sold through multiple retail channels. Company looking for a buyer that recognizes the value of a national brand and can bring the resources required to complete the execution of the strategic plan that the company owners have put into place. Owners willing to stay on.
This is a leased location of 64,000 square feet with a Total monthly rent of $35,525. Lease ends 05/2029 with 1 option. Seller is active with 3FT employees. Hours of operation are 8a - 4p M-F. $2,000,000 in inventory and $144,722 in FF&E included in the asking price. $200,000 in Accounts Receivable included.
Financials (USD)
Asking Price $4,250,000
Cash Flow $493,000
Sales $4,635,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? No
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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