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CORPORATIONS FOR SALE
THE REED GROUP, INC. |
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Furniture Dealer / Commercial / Thirty Different Manufacturers |
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Location: Southeast |
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Preview #: 249 |
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SIC #: 57129904 |
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 Download Document |
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Financial Information |
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Revenues: |
$3,669,215 |
Inventory: |
$248,782 |
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Cash Flow: |
$868,337 |
FMV/FFEV: |
$117,000 |
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Asking Price: |
Negotiable |
Accts. Rec. |
N/A |
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Down Payment: |
Negotiable |
Corp. Structure: |
Sub "S" |
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Business Summary |
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Twenty-eight percent net profit margins. Highly respected, locally owned. On site warehousing, delivery crews, salespeople. Over ten years of successful operation yielding a large customer base that covers four Southeastern States. Top quality lines that are purchased by Government Service Organizations, different state and healthcare contracts that allow buyers to purchase without bidding or with pre-negotiated pricing. Company also designs, installs and does space planning for their clients. Product offerings include office furniture, filing systems and cubicles. Owner has some health issues and will be available to assist new owner during the transition stage of learning the customer base while becoming comfortable with the overall operations.
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Building & Property |
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Real Estate : |
Appraised Value |
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General Information |
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Employees: |
8 |
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Reason for Selling: |
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We go to the marketplace without a price due to the structure of the transaction. Tax ramifications and real estate are considerations to be negotiated. We have a straightforward methodology without surprises and/or empty promises.
Further information will require receipt of our confidentiality agreement including financial qualifications. We will be prompt in forwarding a Confidential Business Review and answering any questions to qualified interested parties. We suggest you contact us for a conference call with the owner as soon as possible. All the numbers will be explained during a visit and verified in due diligence.
Disclaimer: This information is taken from sources provided by the owner and is not audited or warranted by TRGI. All information is subject to corrections and/or changes by the owner(s). Adjustments made to balance sheets and income statements can be verified. |
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