Medical Furniture Sales

This company is a specialty furniture dealer aimed at the healthcare and hospitality industries. The company represents 10 manufacturers and is a one-stop shop for healthcare and hospitality facilities purchasing furniture.

The company has been in business for over 18 years and is well-respected and well-known in both industries. It has established a dealer network of 15 dealers across Western Canada who service regular customers.

Healthcare facilities are often upgrading furniture which provides repeat business. Recent government programs have increased sales from $1.2 million to almost $3.0 million. Most sales are custom ordered so there is very little inventory. Clients provide a 50% deposit with the remainder due before shipping resulting in very low accounts receivable.