DISTRIBUTION HARDWARE
Location: Florida > Broward County > FORT LAUDERDALE
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $549,000
Gross Revenue: $658,732
Cash Flow: $181,726
Inventory: $200,000 (Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: $274,000 @ 8% FOR 60 MONTHS
Business Summary
THIS IS A 36 YEAR OLD WHOLESALE DISTRIBUTOR OF DRAPERY HARDWARE TO DRAPERY SHOPS, DESIGNERS, INTERIOR DECORATORS, AS WELL AS TO MANY OF THE LARGE FURNITURE COMPANIES IN S.FLORIDA. IT IS ONE OF THE FEW DIRECT KIRSCH DISTRIBUTORS AND ALSO CARRIES WELL KNOWN BRANDS SUCH AS PARIS,TEXAS HOME,DESIGN ELEMENTS & WALCOTT HOUSE.HAS 2000 SQ.FT.OF OFFICES & SHOWROOMS. SBA FINANCING APPLIED FOR. DOES SOME OVER THE COUNTER BUSINESS TO THE PUBLIC.EXPENSES INCLUDE SALARY FOR FAMILY BOOKKEEPER.
About the Business
Year Established: 1972
Employees: 1 full time - 2 part time
Facilities: AN 11,000 SQUARE FOOT WAREHOUSE WITH 2,000 SQUARE FEET OF OFFICES AND SHOWROOMS.
Market Outlook and Competition: ONLY FACILITY WITH INVENTORY OF HARD TO FIND AND DISCONTINUED AND NEW HARDWARE.
About the Sale
Management Training and Support: 3 WEEKS AT NO COSTS
Reason For Selling: RETIREMENT
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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