Total of 18659 firms and businesses for sale today Sunday 19th May 2024
Time to Sell or Time to Buy !

Business For Sale. Home Furnishings Wholesale

LISTING DETAILS
Firms For Sale ID:
11991
Vendor reference:
722741
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$420,000  
Turnover / revenue:
$120,000
Net profit / cashflow:
$1,000,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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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.