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Outdoor & Casual Furniture Import & Manufacturer For Sale - Los Angeles, California, CA |
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| PROFILE: Top Upside Potential - Premier Outdoor & Casual Furniture Import & Manufacturer. |
| Status: |
Off The Market |
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| State: |
California |
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| Location: |
Los Angeles |
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| County: |
Los Angeles |
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| City: |
Los Angeles |
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| Primary Category: |
Manufacturing Related |
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| Alternate Category: |
None Given |
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| Asking Price: |
$1,500,000 |
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| Down Payment: |
$200,000 |
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| Annual Revenue: |
$2,500,000 |
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| Annual Adjusted Net: |
$200,000 |
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| Price Range: |
$1 Million + |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
No |
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DESCRIPTION: This Well Known Upscale Company Designs, Manufactures And Imports, Exclusive Designs In Quality Craftsmanship Indoor And Outdoor Furniture For The Residential, Hospitality And Commercial Furnishings (Hospitality) Markets. Product Lines Include Casual Furniture (Patio) In Cast And Tubular Aluminum, Teak And Woven Resin; High Quality Market Umbrellas And Outdoor Lighting. The Company Imports The Frames And Assembles And Finishes The Product In Their 35,000 Sq. Ft. Factory Warehouse. Sales Distribution Is Via A National Network Of Showrooms And Independent Reps. Company Also Has A Good Commercial Account Base By Selling Several Upscale National Restaurant Chains As Well As Participating In Several Major Resort Hotel Remodels. Bookings And Backlog Is Strong With More New Introductions To Come. Sellers Are Under-Funded And Can Realize Untapped Potential With Flexible Line Of Credit Up To $500,000 To Purchase Additional Inventory And Minimize The Delivery Lag Caused By Overseas Buying. Owners Would Like To See The Exciting Potential Of Business Realized As They Transition Towards Retirement. High Net Worth Financial Buyer, Roll-Up Or Private Equity Groups Preferred. Established In 1962, The Company Is Centrally Located In A Highly Desirable Industrial Area Of Los Angeles County. Asking Price Includes Inventory. Principals Only Please!
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