Established Furniture Business for Sale – Great Location in High Growth Area (#1567)

Revenues:
$1,599,994
Adj. Cash Flow:
$458,259
Region:
South Carolina
Location:
South Carolina
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

Overview:

This 24-year-old retail furniture company sells, delivers and installs high-end brand furniture.  The hallmarks for the company are the layout and design of living spaces in conjunction with its excellent customer service.

The company has great visibility as it is located just off a high traffic thoroughfare.  Its showroom displays many of the brands that it sells and has exclusive representation of 4 key manufacturing brands. The company has built a great customer base primarily by word-of-mouth advertising and limited advertising in local magazines.

Company Strengths:

  • Quality products, layout design and customer service
  • The company has been located in the same facility for 24 years in a high growth area in the South Carolina
  • Excellent relationships with wholesaler suppliers and custom upholsters
  • Very diverse customer base, with many repeat customers

For more information, contact Ben Knight at 704-516-0342 or [email protected]

Revenue:
$1,599,994
Adj. Cash Flow:
$458,259

Your Listing Advisor.

Ben Knight

Ben Knight

Managing Partner

A native of Richmond, VA, Knight graduated with a Bachelor of Arts in Economics from Hampden-Sydney College. He spent a year as an assistant football coach at Emory & Henry College before entering the corporate world.

Mr. Knight spent 20 years in the consumer products industry, working for a Fortune 100 company in sales and marketing. He started in an entry level position, and advanced through the organization to become Vice President of Sales where he was responsible for $750 million in annual revenue.

Next, Knight became Executive Vice President of Sales & Marketing for a small rigid packaging company in Los Angeles, where he led a once struggling company to grow from $27 million to $100 million in annual revenue in less than four years. However, the desire to own his own company caused Mr. Knight to research small companies for sale, particularly those located in the Southeast so he and his family could get back closer to their roots.

In 2007, working with Viking Mergers & Acquisitions, he acquired FASTSIGNS South Tryon located in Charlotte, NC. Next he acquired two additional locations for this franchise; Rock Hill, SC in 2009, and Matthews/Ballantyne in Charlotte in 2012. Through Knight’s leadership, he grew these locations to become one of the highest revenue generating groups of centers world-wide in the FASTSIGNS International franchise system.

Successfully selling these three centers in 2017, Knight decided to join with Viking Mergers & Acquisitions by opening a new location for them in Charleston, SC. As Managing Partner, he will help business owners and/or investors sell or buy a business in Berkeley, Charleston and Dorchester counties.

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