Acquisition Opportunity: Midwest Commercial Furniture and Fixtures Company RA207
This well-established Midwest Company provides commercial space planning, layout and design and manufactures and installs architectural millwork, cabinetry, and upholstered seating for bars, restaurants, hotels, retail spaces, offices, and select large residences. The Company stands out in its project and fixture design and manufacturing of fixtures that are difficult to source and those requiring a very specialized skill set. Its ability to produce highly customized fixtures is so well known that millwork shops hire the Company to build fixtures for them. With its talented staff and modernized facility, the Company is poised for continued growth in an industry that has very little competition.
GROWTH OPPORTUNITIES
Increased marketing – Nearly all current sales are unsolicited, generated by the Company’s abilities and reputation. A marketing boost could expand sales.
Higher-margin markets – Margins for custom furniture can be lower in the Company’s current market. Profits could be boosted by expansion into higher-margin markets in larger cities.
Greater automation – The Company has invested in machinery to reduce labor costs, but that effort could be accelerated by new owners.
INVESTMENT HIGHLIGHTS
Sterling reputation – The Company’s abilities to design, produce and install quality customized fixtures are well-known and appreciated throughout the market.
Lack of competition – The Company provides customized design, manufacturing and installation services that few competitors can match.
Large customer base – It has amassed a customer list of more than 500 accounts.
Outstanding facility – Manufacturing has been consolidated into a newly renovated facility with all new systems installed.
2024 Revenue: $3,640,000
2024 EBITDA: $330,000
Contact: Rua Associates – 616.379.4045 – info@ruaassociates.com
