Profitable Drapery and Blind Company

Ramsey County, MN (Relocatable)

Profitable Drapery and Blind Company
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Asking Price: $290,000

Cash Flow: $141,569

Gross Revenue: $399,957

EBITDA: N/A

FF&E: $3,880

Inventory: $500

Established: 1959

Profitable Drapery and Blind Company

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Business Description

Business designs, manufactures and sells custom draperies/blinds for both retail and commercial customers. Established in 1959, this company has served the Twin Cities area for 60 years and maintains an excellent reputation for quality and service. Current owner purchased business in 1989. Products also include custom bedding and pillows.

Detailed Information

Location:
Ramsey County, MN
Inventory:
Included in asking price
Employees:
1 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates out of a 1203 sq.ft. commercial building located in area strip mall. Location has large parking lot for employees and customers. Easy access in and out of building. Excellent visibility from the street.
Competition:
No competition near by.
Growth & Expansion:
Great opportunity for growth. To this point owner has grown business based on word of mouth and quality service. Revenue is at a level the owner can maintain but feels many opportunities are missed because of lack of energy to grow business to the next level. Options for growth are endless including working with new home builders, property managers, interior designers and new business entities.
Support & Training:
Will train for 4 weeks @ $0 cost. Sewing skills will be required to bid and complete custom orders. Buyer could place someone with these skills in the business and focus on increasing marketing and sales. No license required.
Reason for Selling:
Owner is retiring.
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Dennis Knapp

Business Listed By:
Dennis Knapp

Murphy Business & Financial Corporation

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Sponsoring Broker:
Patrick Steffl

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