Listing Number 19609
Type of Business: 57 Home Furniture & Furnishings Stores
Location: / MD
This well known discount furniture and bedding company has supplied the Baltimore area with quality furniture and mattresses for over 20 years. Strong first quarter numbers are higher than the same period last year and they have an inventory that turns rapidly throughout the year. They sell furniture and mattresses at wholesale prices because of their unique buying power and the amount of inventory they can hold due to their warehouse capacity. Because of this they are able to market and sell to a diverse customer base spanning all income levels. They pride themselves on exemplary customer service and a flexible return policy which has guaranteed them a loyal following of customers who know they will be treated fairly and honestly. This company does business with the homeowner as well as institutions and agencies throughout the Mid Atlantic region. As well as selling to the public, this company also sells to some of the largest hospitality, medical and non profit organizations in the country. The business is priced based on its robust Sellers Discretionary Earnings and excellent return on working capital.
Furniture, Fixtures, & Equipment:$ Asking Price:$ 750000
Vehicles and/or rolling stock:$ Down Payment:$ 100000
Inventory$
Accounts Receivable (if included)$ Annual Sales Volume$ 2200000
Land & Building (if included)$ Cash Flow$ 550000
Other Assets$
Current Liabilities to be assumed$
Current Notes to be assumed$
Contact Susan Wiley or Bill Wiley at Wiley & Associates, Inc.
Phone: 410 583-1193
susan@wiley-associates.com
bill@wiley-associates.com
http://www.bbn-net.com/users/airedale