Profitable High-End Interior Decor Manufacturing

San Diego, CA (San Diego County)

Seller Financing Available
Custom Fabric Manufacturer
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Asking Price: Get Financing: $1,200,000

Cash Flow: $346,524

Gross Revenue: $1,950,000

EBITDA: N/A

FF&E: $100,000

Inventory: $400,000

Lease Rate: $21,000 /Month

Established: 1992

Profitable High-End Interior Decor Manufacturing

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Business Description

Profitable, well-established business largely based on custom manufacturing projects, which include upholstery for furnishings, window dressings, and bedding. The owners have scaled back and typically work less then 20 hrs/week.

Consistent, strong profits, with sales in the $2M range. Majority of sales (70%) are products of design projects, created and managed by skilled design staff. Included in sales price is approximately $100k FF&E and approx $400k Inventory.

In operation 25 years, profitable furnishings and interior design company. Majority of sales come from custom design projects such as upholstery, window dressings, and bedding. Products & services include quality fabrics for custom bedding and window treatments, full-service home design, and high-end custom furniture and accessories. Hospitality projects include providing custom fabrication for hotels and restaurants. Established and efficient supply chain for projects in place.

The owners have put a strong team in place, including high-level designers, so the business is not dependent on their involvement.

Long-term relationships with high quality suppliers and a well-developed custom work process allows the Company to produce higher-quality work more efficiently than competitors. Large retail showroom attracts home design clientele.

Efficient, in-store systems allow for a check and balance to ensure accuracy of product, pricing and customer satisfaction with timely order and fulfillment. These well-developed management systems have been vetted and refined over years. The comprehensive system encompasses all facets of the business: contracts, payment processes, production management procedures, quality controls and mechanisms for customer feedback.

Owners are ready to retire but will offer transition assistance and training to Buyer. Valued, skilled staff in place. Call today!

Agent: Lamar Rutherford 619-333-6296, lamar@exitconsultinggroup.com

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
16,000
Lease Expiration:
5/30/2019
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
16,000 square foot beautiful showroom and production room space, conveniently located in high traffic area. Lease expires May 2019 with two 5-year options. Lease is $21k/month NNN or $1.31/sf.
Competition:
Limited area competition. Business has been successful over past 25 years in same location with deep relationships with high-end clientele and excellent long-term supplier relationships, some exclusive.
Growth & Expansion:
Great platform for growth, either by expanding to additional locations, and/or further developing key partnerships with designers, developers, and retailers.
Support & Training:
Well-trained, supporting staff of 11 employees with design and artisan craft skills. Owners will offer transition assistance and training.
Reason for Selling:
Retirement
Business Website:
http://exitconsultinggroup.com/listings
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Contact the Seller

(from currently available funds)
 
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Lamar Rutherford

Business Listed By:
Lamar Rutherford

EXIT CONSULTING GROUP

Show Phone Number

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Sponsoring Broker:
John Ovrom

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