Full-Service Commercial Office Furniture Provider in Southern NH for ...
Undisclosed Address, New Hampshire
Business Opportunity
for Sale
| Catylist Listing ID: |
30634340 |
| Property Subtypes: |
Office
|
| Building Size (RSF): |
See Agent
|
| Sale Price: |
$295,000 |
| Gross Revenue: |
$1,960,566 (Annual) |
| Cash Flow: |
$191,335 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Relocatable Business: |
Yes |
| Sale Terms: |
Sales price is $295,000 includes FF&E. Inventory is in addition to the sales price. |
| Last Updated: |
7/23/2020 |
Overview / Comments
Great opportunity to acquire a full-service office furniture provider based in Southern, New Hampshire. The Company has been around for over 35 years focused on selling to businesses primarily located in Southern New Hampshire. The Company offers an array of services such as: Design, Project Management, Inventory Services and Installation. The Company has a very loyal following with approximately 80% of revenues coming from existing customers. The Company has an experienced staff and the Seller is willing to assist in the transition to a new owner.
NDA must be required to receive the confidential package on the business, location and financials.
|
Additional Details
| Industry Segment: |
Other Office |
| Reason for Selling: |
Divestiture |
| Value of Inventory Included ($): |
$160,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$101,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Employee/Labor Description: |
Tenured staff in place |
| Mgmt/Training Support Description: |
Seller willing to assist in training and transition |
| Competition/Market Description: |
A number of competitors in the marketplace but opportunity for growth. |
| Growth/Expansion Opportunities: |
Increase of marketing funds and additional sales/marketing members should make a big difference. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,950 |
25,218 |
46,270 |
| Median Age: |
42.09 |
40.47 |
40.58 |
| Households: |
664 |
10,148 |
18,771 |
|
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