Wholesaler
Primary Category: Office Furniture
Asking: $4.2M
Gross: $5.8M
Cash Flow: $1.5M
Furniture, Fixtures & Equipment: TBD
Financing: TBD
Summary Description
COF (Commercial Office Furniture) has been serving the local community for almost two decades. Specializing in high-end new and refurbished furniture. They offer their commercial clientele quality products and custom space-planning services. COF has found a niche in this industry by offering re-furbished furniture as well as new furniture.
The current owner has been successful in growing the business over 10 percent each year, and has maintained profit margins of around 20 percent or higher.
The company has key management in place and 5 competent account managers that handle project management from space design, to proposal creation, proposal conversions, customer service, and ordering and delivery coordination. The owner vacations freely and rarely works less than full time.
The commercial office space market is growing in Southern California by leaps and bounds. COF is located in the heart of this growth. COF is a preferred dealer for a top furniture manufacturer. They currently use limited marketing efforts and receive most clients as a result of a good reputation and referrals from commercial real estate brokers.
DISCLAIMER: Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyer(s) should rely upon their own verification and that of their financial and legal advisors of this information.
General Information
Year Established: 1990
Employees: 10+
Facilities: TBD
About the Sale
Support/Training: Four weeks at twenty hours a week
Reason Selling: Other Business Interests
Contact Information
Contact: Jaime
Phone: 714-255-8862, ext. 2003
Email: jaime@plethorabusinesses.com
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