$Seller Financing Available
| Asking Price |
Not Disclosed | Inventory |
|
|---|---|---|---|
| Gross Income |
$8,800,000 | Real Estate |
Leased** |
| Cash Flow |
$575,000 | Year Established | 1934 |
| FF&E |
N/A | Employees | 19 |
* included in the asking price
** not included in the asking price
The Company is a well-established, full service office interiors provider of office furniture, space design, project management and installation services with long-term employees, solid customer base, and significant market share. Characteristics include- Aligned with the world s largest manufacturer of office furniture products Relationships with manufacturers and distribution houses offering alternative, lower cost office furniture and panel systems Established market presence doing business with 70% of major employers in metro area 19 full-time employees with excellent knowledge of market and products (100+ years of combined industry experience) Well connected and networked with buying influences and suppliers Excellent reputation in architect and design community Operating cash flow is cyclical and can be zero if tough years and $500,000+ in good years with growth opportunities Recognized by local Chamber of Commerce as one of the 10 Best Small Businesses in metro area in 2006 and 2009 Beautiful showroom and offices (leased space) and substantial warehouse space (leased)
Facilities: Leased showroom and warehouse space. New showroom in prime location in downtown Wichita, Kansas
Competition: This is an aligned Steelcase and Office Furniture USA dealer of office furniture and related services in a prime location in downtown Wichita. It recently added a long-time promotional products business to its operations.
Growth/Expansion: 1. Office supplies and photocopier business would be natural add-on businesses. 2. Currently serves significant percentage of major businesses with the opportunity to expand governmental business, especially in the federal sector. 3. Recently expanded into high density storage products and architectural, movable walls. 4. The company s new location, new showroom, remodeled web site, signage changes, sustainability trends and added promotional products business will play a big part when economy recovers.
Seller Financing Available: Yes
Support/Training: Seller wants to retire but is in good health and will stay for transition period desired by the buyer
Reason Selling: Retirement

Chuck Engle
(316) 239-6755
Engle Business Capital Services
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