Wholesale Office Furniture Distributor


  • Asking Price: $6,900,000
  • Gross Income: $12,800,000
  • Cash Flow: $1,500,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #203855
  • Established: Not Disclosed
  • Employees:

Business Description

Well established wholesale distributor of high quality imported office furniture. The Midwest-based company operates as a stocking distributor, sourcing its products from an international importer and directly from foreign manufacturers. The company continues to enjoy good growth and attractive margins due to continuous new product introduction, longstanding supply relationships, and a large loyal dealer customer base. Many of the company’s over 270 customers began doing business with the company over 40 years ago.

November 30, 2017 year-end sales were $12,800,000, up from 2016 sales of $12,400,000. FY2017 Adjusted EBITDA was $1,500,000 (after $200,000 owner salary). There are a number of new revenue and profit opportunities available to the new owner.

After 45 years with company, the owner would like to retire following an orderly transition. Three senior managers manage day-to-day operations and are expected to stay on after closing. Company is valued at $4,500,000 PLUS net working capital (excluding cash) of $2,400,000. Contact representative for one-page summary and NDA to receive a copy of the 27-page Marketing Memorandum. Please also advise if you have a current or pending investment in a furniture-related manufacturer or distributor.

Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Minnesota

Company Information

Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $6,900,000
Gross Revenue: $12,800,000
Cash Flow: $1,500,000
Seller Financing Available: Yes

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Business Listed By:

Greg Loeschke

Lingate Financial Group