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 33 years of operation and developed long-term relationships with national furniture distributors.

Key Aspects

From 2017 through 2020, the company’s gross profit margin has averaged 17.2%
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 relationships
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 is exploring his exit options in order to put a retirement strategy in place. The majority of the day-to-day operations are handled by the seasoned management team, however, the owner is available for a handover period to make introductions and ensure a smooth transfer of ownership.

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Manufacturer of High Quality Upholstered Furniture – BM005512

Manufacturer of High Quality Upholstered Furniture – BM005512

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