Storage Solutions Business with 30 years of Success

Fairfield County, CT

Storage Solutions Business with 30 years of Success

Asking Price:$650,000

Cash Flow:$227,460

Gross Revenue:$1,094,604

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:29

Storage Solutions Business with 30 years of Success

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Business Description

This business helps customers with their storage needs. They design, manufacture, and install customized home office storage solutions, basement storage, attic storage, garage storage, linen storage, pantry storage, storage shelving, closet accessories and more. Since 1987, They’ve provided top-shelf closet design, their own closet manufacturing, and expert closet installation. Their customers include builders, decorators, designers, architects and homeowners. The owner of business works only 4 hours per week on average.

Detailed Information

Employees:
11 + the owner
Facilities:
This business has an office showroom which is leased and a warehouse/manufacturing shop which is owned by the seller. The seller will extend a lease on the shop and would be willing to sell it to the buyer after one year. The showroom/office is 1,360 square feet and is leased for $2111/ month through Dec. ’19. The sale includes various software programs that aid in the design process. The shop is 4000 square feet and is a fully equipped manufacturing facility with all necessary machinery. 2 vehicles used for installation are included. The sale also includes an extensive database and various software that aids in operations and CAD Design (with a proprietary library of objects). The sale also includes a blog with an exclusive domain address ( different from the business web address)
Competition:
Established for 29 years, this business is known for exceptional customer service, quality craftsmanship and has little competition with the full service that this business delivers.
Growth & Expansion:
The owners intentionally kept the company small, working within a 40 mile radius and often turned down work outside of this geography. Also, the business has potential to sell material to other companies but they chose to focus only on their own work. They tried to avoid NYC but at times did work there to please relationships they already had. All of this presents opportunities for growth. In addition the business operates on a part time basis so more capacity exists.
Support & Training:
The seller is willing to help the new owner through a successful transition to ensure the businesses continued success.
Reason for Selling:
After 29 years with the business, the seller is ready to retire.

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Lincoln Taylor

Business Listed By:
Lincoln Taylor

Synergy Business Brokers

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).


Sponsoring Broker:
Blake Taylor

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