37500 – Custom Rustic Furniture Manufacturer
ManufacturingFor Sale in TN
Financial & Assets Details
About the Business
The company specializes in building custom rustic furniture using live edge wood slabs, logs, and driftwood. The primary products include live edge tables, custom wood countertops, rustic vanities, fireplace mantels, burl wood beds and one-of-a-kind custom wooden decor. Focusing on ethically-sourced wood, they air dry wood rather than kiln dry. These features, combined with their use of environmentally friendly finishes, keeps the company on the cutting edge. It also maintains a large rotating wood inventory. The leased 11,000-square foot facility features a warehouse, gallery and office space. This opportunity features state-of-the-art equipment, a website with a direct contact form, and personnel with industry experience. With a proven track record of 17 years, marketing efforts focus on targeting individuals and commercial enterprises nationwide. This business could be relocated if desired. The new owner would have a great advantage if they had an existing company with a stronger internet presence. Revenues have increased over the past 5 years due to an increase in consumer spending for custom built furniture. While last year’s total revenues were $607,000 rounded, with Seller’s Discretionary Earnings of $131,000 rounded, 2020 projects $1.5 million in sales with a matching increase on earnings. With a large customer base and solid reputation, they continue to attract new customers while maintaining their reputation.
Financing can be negotiable for the appropriate buyer.
Reason for Selling:
Owner Transition of up to 12 months.