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- RE: Furniture Components Manufacturer
- Contact: Randy Mitchell
Quick Facts
Asking Price: | $2,350,000 | |
Annual Revenue: | $4,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $677,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 40 | |
BBN Listing #: | 987862 | |
Broker Reference #: | 42520179 |
Business Overview:
For more than 30 years, this manufacturer of furniture component parts has built a reputation for quality and reliability in providing parts to a diverse assortment of highly recognized furniture brands. And a recently added new client has led to even greater demand in 2025.
The business has two sites, managed by one General Manager, and the real estate for the two sites is also offered for sale in a separate transaction. Both sites are located within the heart of "furniture country" in the greater Hickory NC region.
The manufacturer sources products from reliable domestic and international sources.
Owner works full time in the business overseeing the business and managing vendor and client relationships.
Business and real estate purchase has been pre-screened by several reputable SBA lenders. Â Buyer would need to provide minimum of $430,000 liquid for purchase with SBA financing. Â Total purchase price: Â $2.35M + $1.5M =$3.85M. Â Potential buyers seeking financing should be prepared to provide a pre-qualification letter from a Preferred SBA lender.
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Property Features and Assets:
Two manufacturing sites. $1.5mm for both in separate transaction.
Each site is over 20,000sf and less than 10 miles apart.
Market Competition and Expansion:
Opportunity to expand the business through adding new customers. Business currently does little marketing. Also, the real estate has plenty of room for further expansion.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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