Home Remodel and Design Center

New England

Home Remodel and Design Center
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $2,300,000

EBITDA: $225,000

FF&E: N/A

Inventory: N/A

Established: N/A

Home Remodel and Design Center

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Business Description

The Company’s overall product and service focus is to offer a “One Stop Shop” home design center, with an emphasis on start-to-finish design and installation projects. In 2017, the revenue mix comprised carpet sales (12%), tile (13%), hardwood (12%), and vinyl flooring product sales (4%); installation revenue (31%); kitchen cabinetry/ products (16%); and other revenue (12%).

The Company caters to the higher-quality, service-oriented customer segment, with specialized products and premium services, but also has a wide range of top branded products at various price points. The customer sales mix is approximately 80% residential homeowners, 10% commercial, and 10% designers or builders. Substantial growth opportunities for B2B market.

The Company’s facility totals 13,380SF, strategically laid out with multiple upscale showrooms, offices, and a large warehouse. Operations are currently supported by eight FT and two PT employees.

Detailed Information

Competition:
* Superior Name and Reputation: In business since 2005, the Company has an excellent reputation for customer service, quality, and performance. It has received numerous interior design, carpet, and flooring awards, and has been formally honored by the BBB and numerous other business organizations. Exceptional inventory of Customer Testimonials. * Prime Location/Growing Market: The Company is located in a very attractive building on a very high traffic count street near higher income areas, with target markets that are generally more service oriented, and less price sensitive. * Documented Systems and Procedures: Streamlined operations are supported by the Company’s detailed employee manual, as well as its sales automation work flow chart. The operational base can serve as a solid platform for future growth.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Additional capital required to take company to the next level
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Ahmad Behjati

Business Listed By:
Ahmad Behjati

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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