Bergen County, NJ Furniture and Furnishings Stores For Sale

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Window Treatment Business for Sale in Bergen County
$120,000Cash Flow: $69,778
Window Treatment Business for Sale in Bergen County

Westwood, NJ

Revenue: FY 2018 $553,397 Net Cash Flow: FY 2018 $69,778 Reason for selling: Owners wish to retire Terms of Sale: $120,000 Excerpt from website: At Valley Window Fashions, you will find inspiration for great window coverings from great people who have the knowledge and expertise to help you put it all together. We proudly serve Westwood, New Jersey and the surrounding area. Since we're locally owned and operated, we take our long-term commitment to the community seriously, and we are proud of the professional products and services we provide. Facts about the business: - The business was formed in 2009 - The hours of operation are: - M-F 10:00am-5:00pm, Sat 10:00am-4:00pm, Sun/Evenings by appointment - Size of store: 1800 square feet with an office and storage area - There is a shared parking lot, with street parking also available - The current location opened in 2015 – beautiful showroom with over $40,000 of leasehold improvements - Each owner works about 20 hours per week - 3 part-time employees @ $12/hr all work 7 hour shifts on their scheduled days - PT #1 = 3 days, PT #2 = 1 day, PT #3 = 2 days Services offered: - Design, Consultation, Sales, & Installation of Hard and Soft Window Treatments - Fabric - Reupholstery - Area Rugs NOTES: - If a new owner were to do all of the installation work in-house, approximately $50,000 will be added back to the bottom line. $50,000 of Cost of Goods Sold figure reflects money paid to Hunter Douglas for installations. - Profit for 2018 dropped from 2017 due to two anomalies: 1) Both owners took more product than usual – they each had a child that moved and furnished a new home ($20,000) 2) Errors - 2 of the installers used by the company made errors, so owners had to re-order the pieces and absorb 2x cost and double labor on those installations

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