Office 585.398.1294 Fax 585.398.1291 www.pengroupllc.com
SEEKING INVESTMENT FOR GROWTH: Successful Northeast custom office furniture manufacturer specializing in executive offices, integrated workstations and unique conference room facilities. Owners seeking a potential partner with additional expertise in sales, marketing, distribution and brand positioning.
REASON FOR SALE: One owner to retire and the second owner is seeking an equity partnership or sale to accelerate growth within this niche market.
BUSINESS OVERVIEW:
• Founded in 1972 and has continued successfully for 47 years
• US Facility 88,000 square feet
• Reduced segment competition is driving market share opportunity
• Consistent and highly experienced management team
• The business is self-sustaining, flexible and scalable
• Recognized industry-wide for their design and delivery capability
• All projects require a 50% deposit supporting consistent cash flow
• Established referral network
• Provides custom solutions to other large office furniture manufactures’
• Fortune 500 customer account list
• Proprietary order entry, tracking and billing system in place
• Constantly adding new customers to the base
• Company is expanding business development strategy
For additional information please contact Al Mustardo, CEO: [email protected] Subject: Office-2019
Download complete offering with financials
APR
2019