Importer and Wholesaler of Finest Furnishings
Location: North Carolina > Orange County
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $475,000
Gross Revenue: $1,500,000
Cash Flow: $165,000
Cash Flow Comments: SDE
Inventory: $300,000 (Not Included in Asking Price)
FF&E: $5,000 (Included in Asking Price)
Business Summary
Importer and distributor of fine antique reproductions. Highest quality and broad product lines. Established North American territory representative network, international showroom, and new business Internet technology.
Established, profitable, and well-known importer of French-style furnishings and fine antique reproductions is for sale. Current owner is the founder and has built a strong North American market presence through an extensive network of Territory Representatives that manage dealers. There are multiple product lines from several suppliers and a broad customer base. A leased showroom is used for international furniture shows and customers, and leased warehouse space is included.
The company was created in 1996 in New York by a European entrepreneur who had a great love for French antiques.
He decided to work with quality manufacturers who designed and produced “antique reproductions" and French country-style furniture.
The first manufacturer represented by the company had been an antique dealer in France for many years.
The founder of the company wanted to bring quality pieces to the many Americans who shared his love for the fine and elegantly crafted look of 17th and 18th century France. In 1999 the decision was made to move the company’s operations to North Carolina, with the showroom and warehouse in High Point.
The company grew rapidly over the next few years. The company has represented many manufacturers from Europe in an attempt to define what the American marketplace truly desires. In addition to three main manufacturers, the company has its own private collection.
Established, profitable, and well-known importer of French-style furnishings and fine antique reproductions is for sale. Current owner is the founder and has built a strong North American market presence through an extensive network of Territory Representatives that manage dealers. There are multiple product lines from several suppliers and a broad customer base. A leased showroom is used for international furniture shows and customers, and leased warehouse space is included.
The company was created in 1996 in New York by a European entrepreneur who had a great love for French antiques.
He decided to work with quality manufacturers who designed and produced “antique reproductions" and French country-style furniture.
The first manufacturer represented by the company had been an antique dealer in France for many years.
The founder of the company wanted to bring quality pieces to the many Americans who shared his love for the fine and elegantly crafted look of 17th and 18th century France. In 1999 the decision was made to move the company’s operations to North Carolina, with the showroom and warehouse in High Point.
The company grew rapidly over the next few years. The company has represented many manufacturers from Europe in an attempt to define what the American marketplace truly desires. In addition to three main manufacturers, the company has its own private collection.
About the Business
Year Established: 1996
Employees: 3 full time -
Relocatable: Yes
Facilities: Executive and administrative offices, showroom, and warehouse are located in Central North Carolina. Ideally situated to access globally-recognized NC furniture industry activities.
Market Outlook and Competition: Competition is limited to a few specific competitors which import/wholesale French-style furniture. This is a niche market and the competition is limited to comparable style of furniture. Business does not compete with English-style furniture or contemporary furniture.
About the Sale
Management Training and Support: Owner will offer short, medium or long term consulting contract
Reason For Selling: Owner desires relocation to Europe for new professional opportunities and personal reasons.
Attached Files - Attachment Disclaimer
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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