Corporate Furniture Solutions Business for Sale: Trusted Provider to Office Solutions Nationwide
Office furniture is an essential requirement often underestimated by many businesses, leading to misguided investments in unsuitable goods. Without the expertise of a consultant, designer, project manager, vendor manager, and other essential roles, businesses struggle to efficiently outfit their offices. A solution for businesses lies in a company based in Sandy, UT, which has been assisting companies across the US in navigating the challenges of securing office furniture since 2020. This company has evolved to become a prominent player in the market for office furniture sales, design, furniture selection, shipping, installation, decommission, asset management services, and consulting. The majority of their business, 80%, comes from Utah. The company's sole employee is the Seller, who manages the business for just 20 hours per week. Despite being the only employee, the business has achieved remarkable growth, with a 2648% increase from 2020 to 2023. Sales soared from $47,127 in 2020 to $1,294,897 in 2023, and Net Income grew by 1624%, from -$22,979 in 2020 to $350,152 in 2023. Thanks to their unique business model, the company operates with minimal overhead and restrictions. Even in a downturn, the business remains lean and gains market share. Their focus is on delivering faster and higher quality service than competitors, with the goal of closing deals efficiently. This company excels in agility, unlike larger competitors burdened by extensive overhead and layers of approvals. As the sole employee, the Seller capitalizes on market downturns, growing while others lose market share. The company rapidly adapts to changing market conditions, eliminating unprofitable practices, relationships, and exploring new product offerings. Despite the challenges of the 2023 downturn, the company's innovative revenue streams led to its best year yet, generating $1.3 million in revenue. They strategically offered furniture at no cost, acquired decommissioned furniture at reduced rates, and now charge clients for furniture removal during relocations or business liquidation. With a remarkable 70% repeat business rate, furniture sales constitute 95% of the revenue, while labor accounts for the remaining 5%. The sale includes $50,000 in assets, a 3-month transition period with the Seller, and special pricing agreements with three manufacturers. Inventory, valued at $250,000, is available separately.
Overview
Descriptions
This established office furniture consulting and sales business has experienced tremendous growth in recent years. The company offers a full range of services, from design and selection to installation and decommissioning. With a lean business model and a strong focus on customer satisfaction, the company has a proven track record of success. The sale includes assets, a transition period, and special pricing arrangements. This is a unique opportunity for an entrepreneur looking to enter the office furniture market. Owner is currently working 20 hours a week and the business could easily double with more effort.
Financial Snapshot
Listing Details
Operations
Operation
Additional Overview
Summary
Other Ventures
