Total of 17097 firms and businesses for sale today Wednesday 8th February 2012

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Business For Sale. Home Furnishings Wholesale

LISTING DETAILS

Firms For Sale ID:

11991

Vendor reference:

722741

Vendor website:

http://www.business-team.com


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BUSINESS DETAILS

Location:

United States; California

Primary sector:

Wholesale & Distribution; Furniture & Furnishings

Asking price:

$420,000

Turnover / revenue:

$120,000

Net profit / cashflow:

$1,000,000

OTHER DETAILS

Business is relocatable:

Business is web-based:

Business is home-based:

PROPERTY DETAILS

BUSINESS DESCRIPTION

BUSINESS TO BUSINESS. This importer/distributor buys art, artifacts, and floor rugs direct from the manufacturers in Asia, India and other countries. He supplies over 70 wholesalers/distributors/dealers and has an extremely well organized and well run business. Two full time and two part time employees manage nearly 24;1,000,000 in sales annually. Approximately 1/3rd of all sales are cash transactions from local dealers who buy direct. Very stable and profitable margins net this seller around 15%; each year. Primary products are bronze statues and oriental rugs. Sale offering price of 24;420,000. Buyer to purchase at additional cost 24;1,000,000 of saleable inventory. Contact Scott M. Probst, Executive Vice President or Mary Sanchez for complete details at 310-539-8300.