furniture manufacturer:

Established in 1991 as a restaurant furniture manufacturer. They operate out of a 80,000 SF facility in metro Atlanta. The company’s original owner is ready to retire. The reputation of the company is well established. The jobs come in from various reps and dealers throughout the country. Revenue in 2018 was $2.4M, in 2019 it came in at $2.7M. In 2020 with restaurants dealing with the pandemic revenue was $1.5M. Now that operations are getting back to normal revenue for the first 5 months of 2021 is $1.3M. The seller’s discretionary earnings (SDE) are consistent except for 2020. The estimated SDE for 2021 is $600,000. We are asking $1,900,000. Contact: Matt Wochele, CBI 404-863-2200 or J Snypp 404-966-5989. Status: for Sale.