Description Our client is the preferred supplier of office furniture, cubical systems and accessories to thousands of corporate and individual buyers. However, selling new furniture is not what sets this 14 year old, cash positive company apart from its competitors. The niche business model that our client has developed and cultivated and that includes a manufacturing component is what makes this company one of a kind in the region it serves.
Located in a densely populated eastern region of the United States, the company is well positioned for continued growth. In 2012, more than 73% percent of their customers were corporate clients while the remaining 27% percent were individual consumers. Also in 2012, 41% of the company's revenue came from repeat business while 59% of the revenue was generated from new business.
Customers can view and purchase office furniture, cubical systems and accessories while touring the well organized and fully stocked warehouses or showroom. Most of the merchandise is available for immediate purchase and customers have the choice of either picking-up or having the furniture delivered to their home or office. This one stop office furniture buying experience is further enhanced with design and installation services.
The company has the capacity to double revenues without significant leasehold or capital equipment improvements. The company is well run and has all of the procedures and processes in place. This profitable company employs ten full time, well trained and motivated personnel.
Competition-The company has no direct competitors in the geographic market it serves.
Growth/Expansion-There are many growth opportunities for the business that the current owner has identified. All of these opportunities require minimal monetary outlay. The current owner will discuss these ideas with the new owner at the appropriate time.