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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Office & Business Furniture & Fixtures > Reconditioned Systems, Inc.

Reconditioned Systems, Inc.
Nasdaq (SC): RESYE
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 PROFILE
Reconditioned Systems, Inc. (RSI) has thrown out its exclusively recycled business model. The company sells wholesale used office furniture and workstations, which it buys from brokers, dealers, manufacturers, and end users, and then refurbishes them. RSI specializes in reviving Haworth workstations and also offers installation services. Wholesale operations account for about 54% of RSI's sales; retail pulls in 46%, and the company hopes to grow its retail operations. The company renamed its retail operations Total Office Interiors and added new furniture, including Teknion products, to its inventory to attract more clients. Chairman and CEO Scott Ryan owns about 15% of RSI.

 COMPETITION
Herman Miller, Inc. (MLHR)
Open Plan Systems, Inc. (PLANE)
Steelcase Inc. (SCS)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 14.30
1-Yr. Sales Growth: 31.2%
Employees: 74
Revenue per employee: $193,243.24

 KEY PEOPLE
• Scott W. Ryan
    CEO
• Dirk D. Anderson
    CFO

 CONTACT INFO
444 W. Fairmont
Tempe, AZ 85282
US
Phone: 480-968-1772
Fax: 480-894-1907
Online: Web Site

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