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Provider of High End Home Finishing Materials

Chicago, IL (Cook County) (Relocatable)

Seller Financing Available
Provider of High End Home Finishing Materials
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Asking Price: $299,000

Cash Flow: $154,868

Gross Revenue: $774,409

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Rent: $2,700 /Month

Established: 2005

Provider of High End Home Finishing Materials

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Business Description

Lighthouse Business Brokers is proud to announce an acquisition opportunity for one of Chicago's premier providers of eclectic wallpaper, fabrics, window treatments, and upholstery. This business has exclusive access to one of the largest design libraries in the US. It features a gorgeous showroom in a central part of Chicago. With over 14 years of history, this business has established itself as a trusted resource for both residential and commercial customers. Furthermore, this business has exclusive relationships with independent studios, making it the only place in the country where certain materials can be found.

This business offers the public access to products that are not available anywhere else and has become a destination for those who want their personal space to be unique and a step above their peers. Design experience is not necessary, just great customer service and management skills. A new owner can continue running the business as-is, or use it as a platform to add more services such as charging labor for installations, adding more locations, add a mobile showroom (think food truck for design), and/or add an online store for the most popular products. The potential is unlimited.

With great margins, a talented staff, established showroom, and an owner willing to provide a thorough transition, this well-known business has a reputation for delivering high quality and unique materials that can't be found anywhere else. This is a perfect opportunity for someone who is interested in entering the high margin home finishing industry.

Detailed Information

Location:
Chicago, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Gorgeous Showroom with a finished basement that can be used as a conference room or converted into a workshop. Seller owns the real estate but does not want to sell.
Financing:
Negotiable
Support & Training:
Negotiable, seller is committed to the new owner's success.
Reason for Selling:
Moving to be closer to family
Business Website:
http://lighthousebusinessbrokers.com/listings/17520
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(from currently available funds)
 
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Maria Campuzano

Business Listed By:
Maria Campuzano

Lighthouse Business Brokers

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Sponsoring Broker:
Andrew Rosenthal

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