Well-Established Manufacturer of Custom Bedding (Semi-Absentee)
Orange County, California, United States
Asking Price$399k
Revenue$737k
EBITDA-
Cash Flow$100k
Description
This highly reputable B2B business designs and manufactures custom bedding, linens, cushions and other related items. Known for its skilled craftmanship, excellent service, and quick lead times, this business is a favorite among many top Interior Designers and Design Firms. The business also offers installation services if needed.
The Seller primarily works remotely and only part-time hours. The Buyer will benefit from turnkey operations led by a skilled and tenured staff including an Office Manager and Workroom Supervisor. The business risk is mitigated by having a large quantity of customers and a low customer concentration of revenue. Most customers derive from southern CA but the business ships across the US.
New business mostly comes from word of mouth from the many satisfied designers, contractors and homeowners that have utilized their services. This leaves an incoming Buyer the opportunity to expand the customer base by hiring a dedicated salesperson and/or implementing a targeted marketing campaign.
Real Estate
Rent is $8,692 per month
Building Size: 5300 sq. ft.
Inventory
$20k
Business is
Absentee Owner
Number of EmployeesFull-Time: 9Part-Time: 1
Reason Selling
Seller has relocated and wants to spend more time with family.
Support & Training
As part of the Asking Price, training shall be provided to the Buyer up to 30 hours per week for 4 weeks.
Growth Opportunities
Some opportunities for growth: 1) Leverage the existing customer based by offering custom draperies; 2) Hire a dedicated sales team; 3)Create online store (Seller is in process); 4)Increase social media presence by hiring outside firm to manage all channels.
Financing Options
Seller financing is available.
Asking Price$399k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.