Business for Sale – Furniture Design & Sales Business
This is a wonderful opportunity to invest into a unique and distinct reseller of designer quality custom furniture products. The business caters to the burgeoning market for higher quality solid wood products that are built to meet the client’s tastes, living space requirements, and of a quality that will last for years. The business model developed separates them from the lower cost, lower quality mass market type furniture, and instead caters to those with more of a discerning taste from all demographic groups.
The business has operated successfully for over 20 years, and has adapted to the homeowners changing tastes, and related design and fashion influences in the market. Significant growth has been realized through location expansion, which in itself has created a proven business model to scale further into broader markets across the Metro Vancouver area and beyond.
Given the custom nature of the work and related payment cycles, the inventory levels are controlled easily, with controlled positive cash flow.
This is truly a unique opportunity.
Type of Sale: Share Sale/Stock Sale
Inclusions in Asking Price
Operational Balance Sheet Inclusive of:
Furnitures, Fixtures, & Equipment / Goodwill / Normal Net Working Capital
Business Value $ 761,000
Normal Net Working Capital $ 128,000
BUSINESS ASKING PRICE $ 889,000
Normalized Financial Summary
4 Year Weighted Average
Revenues: $ 1,831,316
EBITDA *: $ 234,769
SDE **: $ 304,747
* EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization
** SDE: Seller’s Discretionary Earnings
Listing ID: #VANCOBC002-N459
Location: Metro Vancouver
Industry: NAICS 484210 – Furniture Stores
Type of Entity: Corporation
Years in Business: Over 20 Years
- Custom product offering
- Custom business model reduces inventory requirements
- Exclusive design lines
- Great locations
- Great all season business
- Stable history of growth and profitability
- Dedicated sales team