Est. Office Furniture VAR - Leading with Green Products
Well-established and profitable, this Remanufacturer and Value Added Reseller of Office Panel Systems and Furniture is among the top companies in its category. Through its lean manufacturing operation, they employ a high-quality and cost effective process to convert used office furniture and cubicle systems into like-new products that are marketed and distributed to commercial customers who seek a quality product at a significantly discounted price. The company differentiates itself by its quick turnaround time of customer orders, most of which are delivered and installed within 2 weeks time from order entry. This firm's unique buying power enables them to acquire liquidated office systems for pennies on the dollar, and then recycle and refurbish into environmentally friendly, high-end products. Their product portfolio also includes new and used case goods and seating. This business is ideal for a strategic, synergistic, or financial buyer looking to acquire an in-house lean manufacturing system, as well as distribution, sales, and marketing expertise in the office systems and furniture industry. Please refer to listing ID: 833928
Industry:	Manufacturing
Industry Segment:	Furniture Manufacturing
Geography:	United States > Massachusetts
Asking Price:	$1,200,000
Gross Revenue:	$6,500,000
Gross Revenue Comments:	2007
Cash Flow:	$500,000
Cash Flow Comments:	2007
Value of Inventory:	$700,000 (Not Included in Asking Price)
Value of Equipment:	$300,000 (Included in Asking Price)
Seller Financing:	Available
Year Established:	1989
Number of Employees:	30 full time -
Mgmt. Training/Support:	Owner will provide transitional support & also available for ongoing sales mgnt. activities.
Reason For Selling:	Pursue other business interests
Facilities:	Leased 53,000+/- sq, ft. mfg. warehouse, showroom, and admin space
Market Outlook/Competition:	The company is the region's largest remanufacturer of office systems and has fully implemented a lean manufacturing process to provide its customers with high-quality, cost-effective solutions. Foreign competition in remanufacturing is not practical and the company's size and systems present a significant barrier to entry for a new entrant. Significant growth opportunities exist to expand sales to other population centers and/or to replicate the model in other regions of North America.
Name:	CenterPoint Business Advisors, Inc.
Email:	info@cpointadvisors.com

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