Pool and Patio Furniture Manufacturer for Hospitality Industry
Off-MarketMiami, FL
Manufacturing Pool And Patio Furniture For Hotels, Condos, And Cruise Ships.
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$1,200,000
$350,000
29.2%
1954
30+ Days
About This Business
Since 1954, Medallion Furniture has been manufacturing an extensive line of casual furnishings from our state of-the-art factory in Miami, Florida. We are conveniently located minutes away from the Miami International Airport and The Port of Miami, where our furniture is shipped throughout the world. Whether it be for hotel, casino, condominium or your own backyard paradise, Medallion offers factory value, quality and exceptional service to our customers.
Customers
Hotels, Condos, Cruise Ships
Customer Acquisition
Word of Mouth
Team
Prior to COVID-19, the company was growing and had around 36 employees, but it is now down to 15 employees.
Owner's Role
2-3 hours per day.
Reason for Selling
The owner is 82 years old and semi-retired, so he is looking to sell the company, either to another manufacturer who can integrate it into their operations or to an entrepreneur who can run it.
Real Estate
Real estate (factory) is worth about $9 million.
Customer Mix
Both
When Are You Looking to Sell
ASAP
Business ID: 1232
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