Interior Design & Furnishings Business

Windsor County, VT (Relocatable)

Seller Financing Available
Interior Design & Furnishings Business
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Asking Price: Get Financing: $750,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $93,200

Inventory: $60,000

Real Estate: $302,800

Established: 1980

Interior Design & Furnishings Business

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Business Description

Very Profitable, well-established with both Resort & Yr-round business!

Confidential well-established & profitable Interior Design & Furnishings Business Opportunity in both leased and owned real estate, some of which is included in sale. Prospective buyers must complete and sign a Buyer's Confidentiality & Qualification Statement (attached under Paper Clip icon at top of this page). Buyer will need at least $240,000 cash down, plus operating capital. Skilled employees willing to stay on with new owner, assuming compatibility.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
6 (4 Full-time)
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates successfully from two locations in one local market area while serving several municipalities. While both locations are owned, circumstances require selling one location with the business, while leasing the 2nd location to the buyer of the business, perhaps with the option to buy. Real estate included in the sale comprises 3 adjoining commercial condominiums with a combined finished area of 2,259 sq. ft., and municipal assessed value of $302,800. These units all have partially finished basements good for storage, the areas of which are NOT included in the above total finished area. Location includes on-site parking, although there is municipal on-street parking as well. The 2nd location, offered for lease at an attractive rental rate, has finished retail & office area of 4,600 sq. ft. on 1 1/2 floors, on 3.3 acres, with ample on-site parking. This 2nd bldg also includes an 800 sq. ft. apartment (not available for lease to buyer of business, as owner's parent has a life estate therein). Municipal assessed value of this entire 2nd location is $516,000.
Competition:
There are perhaps four primary competitors located within a 25-mile radius. However, none has the significant presence of this business in its immediate market.
Growth & Expansion:
A new owner would be wise to initially run the business as currently configured, (why change a successful formula?),…however with new energy, aspirations and more facility with online marketing and social media, there is definitely growth potential here. New owners invariably bring unique skill sets to an existing business and will do well to assess its current strengths in the marketplace and both increase profitability of existing profit centers, as well as adding other profit centers over time to meet consumer demand.
Financing:
Possible, for qualified buyers
Support & Training:
Owner offering support and training on a basis to be negotiated at time of sale. Owner has stepped away from day-to-day design and sales work, having hired an excellent skilled and experienced staff of 6. Owner manages the business on a half-time basis of 20 to 30 hrs weekly.
Reason for Selling:
Retirement
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Ray Ault

Business Listed By:
Ray Ault

Ault Commercial Realty

Show Phone Number

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