Phoneix USA
This 8-year-old business has developed and manufactures a unique, high-quality line of custom wood furniture and vanities for the home. The Company has steadily built its brand name and its reputation for manufacturing and delivering high quality cabinets, bathroom vanities, linen cabinets, dressers, and night stands that meets consumer demand for higher quality, mid-century inspired design at an attractive price point. The Company’s product lines are offered in multiple wood/color combinations that are custom sized for each customer’s specific application. The Company has a well-equipped manufacturing operation utilizing modern equipment to achieve manufacturing efficiencies.
The Company markets and sells directly to consumers and while based in Arizona, sells and delivers its products nationwide. The Company’s growth has been achieved with minimal online advertising. The Company’s products are built to firm, pre-paid customer orders, resulting in a positive impact on working capital requirements. The Company has an intense focus on customer service as well which, along with its high-quality products, has led to exceptional customer reviews and repeat business.
Future growth opportunities include expanding the product line to satisfy incoming demand for additional style options and increased consumer marketing to expand consumer awareness of the Company’s products. The Company’s current manufacturing capacity is at approximately 50%, allowing a buyer to efficiently grow the business in the existing facility with the addition of more employees.
The current owners have another business and with their strong group of three employees and a shop manager, are able to minimize their day-to-day involvement in this business.
<h3 class="mb-3 titleSectionListing">Training/Support</h3>
The Seller will provide four weeks of training and transition support included in the purchase price. Support beyond that time may be available for additional consideration.
Type: Main Street Business For Sale
Price: $675,000
Business For Sale ID: PHOENAZ002-52806
Year business was founded: 2015
Home Based Business?: No
Leased Property?: No
Relocatable?: No
Annual Revenue: $1,432,994
Furniture, Fixtures & Equipment: Yes
Inventory: N/A