Established Commercial Blinds- with $73K Cash Flow

Fort Collins, CO (Larimer County)

Established Commercial Blinds- with $73K Cash Flow
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Asking Price: $140,000

Cash Flow: $73,000

Gross Revenue: $165,000

EBITDA: $73,000

FF&E: $15,000

Inventory: $100*

Real Estate: N/A

Established: 2000

*not included in asking price.

Established Commercial Blinds- with $73K Cash Flow

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Business Description

Established in 2000, this commercial/residential window covering sales and service business has shown steady 14% annual revenue growth over the past three years, with $73,000 of discretionary income in 2017. There are multiple streams of revenue, including product sales and installation, as well as annual cleaning and repairs. The business sells custom window coverings such as blinds, shades, and shutters. Ultrasonic technology is used to clean the blinds and shades, removing dirt and dust. The specialized equipment is the most effective cleaning method available. Most of the revenue is from commercial contracts, which gives the business a solid base of established repeat customers. The business has multiple directions for growth for an aggressive new owner.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
500
Employees:
1 p/t
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The owner has an office in the home, and uses a portion of the garage for the business. (Home Based)
Competition:
This business has a solid core of established customers which have substantial and growing needs for blinds sales, installation, and cleaning. The business has specialized and efficient cleaning equipment which helps to maintain a high level of customer satisfaction.
Growth & Expansion:
There are multiple avenues for growth, including improved web marketing, as well as hiring help to free up time for additional sales.
Support & Training:
Seller will provide two weeks of training and orientation, with phone support after that, if needed.
Reason for Selling:
After 18 years, the seller is ready to move on to new challenges.
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Patrick B. Bentley

Business Listed By:
Patrick B. Bentley

Summit Business Advisors

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