Fast Growing Manufacturing Business with Multi-Channel Distribution
Price: $3,200,000
Annual Revenue: $5,144,938
Net Cash Flow: $583,026
Industry: Manufacturing
Location: Hillsborough County, New Hampshire
This fast-growing business manufactures a wide array of home furnishings and cabinetry for kitchens and baths. Distribution channels include National Furniture Partnerships, Direct to Consumer sales, Retail Sales, and Regional Wholesale Furniture Partnerships focused on the Northeast. They have achieved solid growth over the last several years and opened key distribution partnerships with substantial growth opportunities to scale the business to the next level.
Listing Details
FFE: $1,329,897
Inventory: $1,000,000
Reason For Sale:
The seller is looking for new ownership to facilitate the next growth phase.
Training & Support:
The seller is willing to support a transition and will work to accommodate the buyer's needs and the business's continued success.
Location
Facilities Information:
The 43,000-square-foot facility includes retail frontage and has daily car traffic of 20,000+ cars. The southern NH location affords easy access to major highways. Please inquire for details for a complete list of manufacturing machinery and assets. The facility has 7 years left on the lease with favorable terms.
Summary
Competition:
The New England and national home furnishings markets are large and expected to grow. This business has several advantages including exceptional customer service, low pricing, faster lead times, and “made in NH appeal” that have helped them gain and keep customers and fuel growth.
Potential Growth:
They are well positioned to continue their growth trajectory with their diverse sales channels. The home furnishings, kitchen cabinetry, and bathroom furniture markets are all large and with crucial distribution channels established, this business is ready to scale.