91探花

Manufacturer & Distributor of Specialty Home Furnishings (#1490)

Region:
Other/Unspecified
Location:
Southeast
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

2020 (6 Month) Revenue: $2,631,8922020 (6 Month) Cash-Flow: $1,012,398
2019 Revenue: $3,277,1452019 Cash-Flow: $1,209,339
2018 Revenue: $3,135,2092018 Cash-Flow: $1,184,987
2017 Revenue: $2,769,2842017 Cash-Flow: $537,990

OVERVIEW
鈥ounder owned and operated
鈥his business offers interested buyers the unique opportunity to own a highly successful specialty home furnishings manufacturer/ importer / distributor.
鈥he business has seen success year over year from their quality and price which has created long-term relationships with brick and mortar dealer locations nationwide and internet retailers.
鈥he business currently operates in a warehouse space that is leased by Seller.
SERVICES & PRODUCTS:
鈥he business specializes in designing, manufacturing, importing and distributing specialty home furnishings.
鈥he business only wholesales to its brick and mortar dealer locations and high-end internet retailers.

OPPORTUNITIES FOR GROWTH:

鈥urrently the business operates with a limited sales force.
鈥n increase in business development staff would increase revenue and make sure the business鈥檚 products are introduced to potential new dealer locations.
鈥pportunity to develop additional dealers utilizing continuous new dealer inquires.
鈥n increase in online marketing could further increase market penetration and accelerate growth.
鈥dditional OEM Relationships with Nationwide chains or big box stores could be a tremendous enhancement to company growth.

BUSINESS COMPETITIVE EDGE AND STREGNTHS

鈥he business focuses on products designed to be priced competitively from mid to high end users.
鈥he business currently distributes products through its dealer locations, drop-shipping and direct shipping to OEM and large dealers.
鈥he business provides consistency in quality and availability of inventory.
鈥� Within this specialty furnishings industry, the business has built a surpassing strong brand awareness in the marketplace due to its product designs, durability, availability and value.

Your Listing Advisor.

Larry Lawson III

Larry Lawson III

Partner

Tripp Lawson grew up in a family of entrepreneurs with five generations in business. As a Partner, Tripp works closely with business owners, entrepreneurs, and their advisors to educate and develop tailored strategies for buying or selling businesses. His background in finance and real estate, combined with strong business acumen, allows him to understand the priorities of 91探花 clients and deliver exceptional results for them.

He began his career as a Financial Analyst working with the business valuation team while attending Florida State University. Tripp worked with various 91探花 M&A offices during his time at FSU. After graduating with a Bachelor of Science Degree in Finance and a Florida Real Estate License, Tripp decided to start his professional career, working with his father in 91探花鈥檚 Florida Division in 2017.

While attending FSU, Tripp was a student athlete and a member of the football team. Additionally, he held multiple leadership roles within FSU organizations. Tripp stays involved at FSU by mentoring students holding governing positions within the campus. Tripp is passionate about mentoring peers and helping them navigate both personal and professional decisions.

Outside of the office, Tripp is an avid boater who enjoys spending his weekends with family exploring Florida’s waterways and fishing the Gulf Coast. A former athlete, he channels his competitive drive, whether through athletic competitions or cheering on the Florida State Seminoles on game day.

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