Category:
SEA129 - Miscellaneous
Location:
Washington - Seattle
Business Description:
The Company provides new and like new business furniture along with complementary services to a broad range of customers. Comprehensive services facilitate customer acquisition and retention. The Company has consistently high repeat sales and there is no customer concentration. The mix of new and used products serves customers changing needs and balances economic cycles. Sales of like-new used furniture has enabled the company to post strong results even in the weakest economic times. Working capital requirements are modest due to favorable billing terms and low fixed costs. The fixed asset base is in great shape so there are minimal capital expenditure requirements for the purchaser.
Inventory (included):
$0
11 Months Ended
11/30/2022
$1,843,309
(Sales)
$379,161
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$1,500,175
(Sales)
$189,570
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$1,492,012
(Sales)
$176,017
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$2,259,655
(Sales)
$307,433
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 7 | 1 |
Owners | 1 | 0 |
Hours of Operation
Mon - Fri: 9 am to 5 pm
Licenses Required:
Monthly Rent Including NNN:
$9,034
Expires:
6/30/2023
Option:
For 5 years
Size(sq.ft.):
11,400
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
4 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.