Retail Home and Design Center with growing e-commerce sales

Avon, CT (Hartford County)

Seller Financing Available
New Showroom

Asking Price:$249,000

Cash Flow:$200,000

Gross Revenue:$1,800,000

EBITDA:N/A

FF&E:$50,000

Inventory:$100,000

Lease Rate/Sq. Ft.:N/A

Established:1966

Retail Home and Design Center with growing e-commerce sales

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Business Description

Brand New Location and Showroom - Interior Design Co.

The company is approaching 50 years of successful design and home furnishing sales. Since a full remodel and new location in 2016 the company is seeing a rapid growth in sales and profits.
If you are involved with design, fashion, interiors or decorating and would like to put your talent and interest to work, this is an exceptional opportunity not only for your career but securing your financial future as well.
Owner currently has contracts approaching 700K and over 400k work in progress
Rarely does this type of offer come along.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Totally remodeled with new location and up to date inventory 2016. Located in one of Connecticut's most affluent communities with excellent high visibility property . Abundance of easy off street parking. Highly desirable location at four way intersection. Transferable lease with excellent terms
Competition:
Nationally published designs with exceptional opportunity for growth and expansion thru referrals past clientele and walk in's. The recent addition of e-commerce and full social media, along with strong trade relationships make for outstanding potential to grow the business.
Financing:
Seller will consider some financing to qualified buyer
Support & Training:
Owner willing to give full training and support to qualified buyer. After many successful years of running the company the Owner would like to hand over the daily responsibilities and stay on as an employee to concentrate on his interior design work.
Reason for Selling:
Owner would like to concentrate on his interior design work

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Steven Wm. Pope

Business Listed By:
Steven Wm. Pope

Pope & Associates, LLC

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