Importer And Wholesaler Of Finest Furnishings
Location North Carolina,United States
Asking Price Range $250K - $500K
Gross Revenues $1500000
Net Profit / Cash Flow $165000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 1 - 3
Inventory 5000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Seller will arrange for training.
Reason for Sale Owner desires relocation to Europe for new professional opportunities and personal reasons.
Description Importer and distributor of fine antique reproductions. Highest quality and broad product lines. Established North American territory representative network, international showroom, and new business Internet technology.
Established, profitable, and well-known importer of French-style furnishings and fine antique reproductions is for sale. Current owner is the founder and has built a strong North American market presence through an extensive network of Territory Representatives that manage dealers. There are multiple product lines from several suppliers and a broad customer base. A leased showroom is used for international furniture shows and customers, and leased warehouse space is included.
The company was created in 1996 in New York by a European entrepreneur who had a great love for French antiques. He decided to work with quality manufacturers who designed and produced ''antique reproductions'' and French country-style furniture. The first manufacturer represented by the company had been an antique dealer in France for many years.
The founder of the company wanted to bring quality pieces to the many Americans who shared his love for the fine and elegantly crafted look of 17th and 18th century France. In 1999 the decision was made to move the company's operations to North Carolina, with the showroom and warehouse in High Point.
The company grew rapidly over the next few years. The company has represented many manufacturers from Europe in an attempt to define what the American marketplace truly desires. In addition to three main manufacturers, the company has its own private collection. $475,000 excluding inventory. Contact for more information on this Fine Furnishings Import / Wholesale business for sale.
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