Window Coverings 3 Locations

Manteca, CA (San Joaquin County)

Window Coverings 3 Locations
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Asking Price: $1,600,000

Cash Flow: $360,000

Gross Revenue: $4,200,000

EBITDA: $475,000

FF&E: $200,000

Inventory: $20,000

Rent: $10,800 /Month

Established: 1994

Window Coverings 3 Locations

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Business Description

3 Hunter Douglas Gallery Stores Window fashions

Dynamic fully staffed window covering company specializing in Hunter Douglas Products. Annual revenue of $4.2 Mil. We are one of the largest Hunter Douglas Dealers in the country. With a independent sales staff of 8 designers and 5 fully licensed installers. Our customer database is enormous with many repeat clients. We operate 3 different divisions, Home Builders, Retail and commercial. Retail accounts for 85% of our business. We handle all window coverings for KB Home North Bay division and have commercial contracts worth over 200K. Our Customer service staff is highly trained and among the best in the business. ( we would suggest keeping them on)

Detailed Information

Location:
Manteca, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
11,000
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We have 3 Strategically located showrooms. Elk Grove CA, Livermore CA and Manteca CA giving us 3 distinct markets to draw from. All installation and Customer service operations are handled at the Manteca Location as well as warehousing. Also includes 3 company vehicles. 2 ad wrapped Vans and an ad wrapped 17 ft boxtruck. Thousands of dollars in tools and equipment. We also have enough Display furnishings to open another location. The three Hunter Douglas Gallery Display setting are valued at $150K.
Competition:
Most competitors are home based and unlicensed. Our legitimate competitors such as Costco, 3Day blinds and JC Penney cannot compete with our products and pricing. The current market is expanding due to the housing market upswing.
Growth & Expansion:
Business is prime for Franchising or expansion due to name recognition. Of course further expansion poses challenges in finding great experienced people.
Financing:
May be open to structured buy out but prefer direct sale.
Support & Training:
Management will stay on for 30 days to help with transition. General Manager would like to continue on in her current position.
Reason for Selling:
Retirement
Business Website:
http://www.eliteshadings.com
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Business Listed By:
Michael Lencioni

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