This opportunity is a fabrics and textiles distributor for sale in the Midwest. The Company offers a full selection of home decor products, largely textiles. The Company’s customer base consists of design centers, individual designers, and home and commercial decor professionals. The Company is supplied by top-name home decor manufacturers.
The Company was acquired by current ownership from the original family ownership. Afterward, the owners continued to expand the Business through synergistic acquisitions to expand its offerings and market share. The owners are involved but have very limited duties and are not necessary for regular business operations. Combined, the owners work less than 20 hours per week, allowing a buyer to transition into the Company seamlessly. The owners are willing to work in a part-time consulting role for a reasonable transition period.
The Company’s personnel are composed of a mix of both young and experienced employees with multiple years of experience within each operational function. The tenure of employees is a blend of recent hires to employees with decades of experience.
The Company currently operates out of leased facilities. One facility contains approximately 3,500 square feet and is composed of cubicles, a conference room, and separate offices. The Company also leases approximately 20,500 square feet of warehouse space. Continued leasing of current facilities is available to new ownership if desired.
Number of Employees: 18
Year Established: 1960
Facility: The Company currently operates out of leased facilities. One facility contains approximately 3,500 square feet and is composed of cubicles, a conference room, and separate office. The Company also leases approximately 20,500 square feet of warehouse space. Continued leasing of current facilities is available to new ownership for an indefinite period of time if desired.
Support/Training: Ownership is willing to provide reasonable and customary assistance during the transition period.
Reasons for Selling: The current owners also own an OEM business that is in negotiations for sale with stipulations that current ownership will continue their leadership responsibilities after the sale. One of the conditions of that sale is divestment of its home decor wholesale entity. The owners are open to details of their transition and are willing to serve as a part-time consultant for a reasonable and customary transition period.
(1) Superior Customer Service Team Increases Customer Retention
(2) Experienced, Long-Standing Purchasing Manager
(3) Substantial Inventory
(1) Increases in Customized Fabrication
(2) Penetration in New Markets
(3) Building a Stronger E-Commerce Presence
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Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact firstname.lastname@example.org with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Enquire today about this fabrics and textiles distributor for sale!