Prior Experience With Office Design And Furniture Sales?

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03/23/2021 Redacted Redacted

searcher New York University - Leonard N. Stern School of Business University of Texas at Austin

PRIOR EXPERIENCE WITH OFFICE DESIGN AND FURNITURE SALES?

I am looking at a potential deal in the office furniture space. The company designs the space, and then sells and installs the furniture.  My general question is on the future outlook of the industry itself given commercial real estate’s hit during COVID and now the growth in remote work forces.  The company seems to be defying these headwinds with several years of strong performance, including 2020.

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admin Stanford University - Graduate School of Business Massachusetts Institute of Technology Harvard University - 03/23/2021

Tagging ^[redacted]‌ in case there are some insight/outlook reports commercial real estate through IBISWorld.

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searcher University of California, Berkeley - Haas School of Business HHL Leipzig Graduate School of Management - 03/23/2021

We had similar company, outlook is generally good, most people would come back and the offices would need to upgrade to reflect the change in how people interact with office space

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admin Massachusetts Institute of Technology - MIT Sloan School of Management Taylor University Stanford University - Graduate School of Business - 03/23/2021

Tagging a few Searchfunders that might be able to comment on the furniture business:

^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]

‌To our commentators with knowledge/opinions on the furniture industry, THANK YOU for helping to make Searchfunder a collaborative community! Be sure to take full advantage

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searcher University of Reading University of London University of Wales, Aberystwyth - 03/30/2021

There may be opportunities for support sectors such as office suppliers that revolve around the larger commercial real estate industry. Although CRE in general has taken a major hit amidst the chaos, some prudent operators have taken to refurbishing and renovating during a period of low vacancies. Furniture suppliers might be in a position to ride this trend, especially if they have preexisting supplier relations. This is certainly the case with major Hoteliers who are able weather the storm an

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