773.243.1603
773.243.1603
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Listing ID:3N822

Sold – Chicago Furniture Manufacturing

Sold

The business is an Internet‐driven wholesaler of food service and institutional furniture. It was established almost 30 years ago and has maintained consistent growth, weathering the recession while others floundered or failed.

Products are drop shipped to the end users. The Company offers some hard‐to‐find products for which it is able to charge a premium. The Company is characterized as a provider of average priced mainstream products. It maintains a defensible market position by leveraging 30 years of goodwill and a reputation as a reliable, knowledgeable and trusted provider.

Transcation Details

  • Location

    USA, Chicago, Illinois

  • Results

    147 Inquiries
    72 Showings
    4 Offers

  • ESTABLISHED IN

  • Real estate Included

  • Full-Time Employees

  • Franchise

  • Industry

    Automotive

  • Reason for Selling

  • Inventory Included

  • Part-Time Employees

  • Business

    Sold – Chicago Furniture Manufacturing

  • Acquirer

    Investor

  • Annual Revenue

    $1,741,082

  • Annual Cash Flow

    $220,820

  • Seller Financing

  • SBA Financing

  • Listing Price

    $658,000

  • Acquisition Highlights

    o 30+ years of continuous operation

    o Home-based ecommerce business

    o Low overhead

    o Minimal accounts receivables

    o Retail and Commercial clients

    o 3+ years of steady growth

Domenic Rinaldi, CBI