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Manufacturer of High Quality Upholstered Furniture – BM005512

Northeast US, US
1M-5MUndisclosed design, Manufacturing & Industrial
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TEASER
CLIENT CODE: BM005512
REVENUE/TURNOVER: $1,312,413
HEADQUARTERS: North Carolina, US
 
Interested? Contact Us
813-898-2350
pmanry@benchmarkintl.com
Manufacturer of High Quality Upholstered Furniture – BM005512

Paul Manry

interested in this opportunity?
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The company is a manufacturer of high quality upholstered furniture, serving both commercial and residential markets throughout the US. The company has established a solid reputation during its 30+ years of operation and developed long-term affiliations with national furniture distributors.

Key Aspects

  • From 2018 through 2021, the company’s gross profit margin has averaged 17.7%
  • Serve large, national furniture distributors and retailers in both commercial and residential markets
  • High level of repeat business, as a result of its long-term customer affiliations
  • Diverse, high-quality product mix, generating multiple revenue streams
  • Company name has a high degree of recognition and an excellent reputation in the industry
  • Seasoned management team in place with decades of industry experience

Opportunities

  • Bring furniture framing in-house
  • Offer complementary products to increase revenue streams
  • Add additional sales representatives to actively seek out and engage prospective customers
  • Pursue uncovered territories

Headquartered

  • North Carolina

Current Markets

  • The company serves furniture distributors and retailers located throughout the US. The company also serves end-users in various commercial and institutional industries.

Real Estate

  • The company operates from a 20,000 square foot facility located in North Carolina. The facility is owned by the shareholder and leased to the company. The real estate is included in the sale of the business.

Shareholder Objectives

  • The company is owned by a single shareholder who wants to begin planning for retirement. The majority of the day-to-day operations are handled by the seasoned management team, though the owner is willing to remain with the company to facilitate a smooth transition to new ownership.

AMERICAS HQ

4030 West Boy Scout Blvd. Suite 500
Tampa, FL 33609
+1 813 898 2350
US@Benchmarkintl.com

Europe HQ

101 Park Dr., Milton Park
Oxfordshire, OX14 4RY
+44 (0)1865 410 050
UK@Benchmarkintl.com

AFRICA HQ

Ground Floor, Runway 01, Airport Office Park
Cape Town International Airport, Cape Town, 7525
+27 21 300 2055
Africa@Benchmarkintl.com

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