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Louisiana Based Licensed Contractor And Distributor Of Furniture For Sale

Baton Rouge, Louisiana, US
Asking Price:
On request
Sales Revenue:
$4,023,000 (USD)
Cash Flow:
$636,000 (USD)

The company is a distributor and licensed contractor for the installation of furniture and equipment for Louisiana customers in the education, commercial, healthcare, and government industries.

Key aspects
· Over 20 years of extensive experience serving a specialized market
· Strong vendor relationships with factories and manufacturer representatives
· State Contracts in Louisiana with well-known manufacturers that are constantly innovating and evolving their product mix
· Consistent gross profit margin averaging 27.7% for fiscal years 2016 through 2019
· Project backlog of $2.2 million
· Only company in Louisiana with statewide coverage
· No long-term debt on the balance sheet

Opportunities
· High potential for growth in primary market sector
· Addition of personnel to allow expansion into other markets
· Few barriers to entry into other southern states

Headquartered
· Baton Rouge, Louisiana

Current markets
· The company is a licensed specialty contractor and a distributor of furniture in Louisiana, serving a customer base that includes the education, commercial, healthcare and government industries.

Shareholder/owner objectives
· Two equal owners are both nearing retirement and are open to various deal structures. Both are willing to remain with the business for an agreed amount of time to allow for a smooth transition to new ownership.

Contact Benchmark International

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