SOLD: Custom Furnishings and Interior Design Business #5004
About The Opportunity
- Furniture and home decor business based out of a beautiful retail showroom in an affluent community.
- In business since 1922, with a great reputation and well-known brand.
- Majority of sales come from design projects, developed and worked on by skilled design staff.
- Owners ready to retire but will transition and train.
- Sale price of $850k, includes approximately $100K of FF&E. Price does not include inventory, but up to $400k Inventory can be included.
- Strong profits and sales, consistently near or above $2M in revenue. 2018 Sales are trending closer to $2.2M.
- Great platform for growth, either by expanding to additional locations, and/or further developing design project work, or continuing to develop key partnerships with designers, developers, and retailers.
Other Important Information
- 16,000sf beautiful showroom, conveniently located. Lease expires May 2019, with two 5 year options.
- Unique market niche in custom work, with supporting processes and procedures.
- Well-trained, supporting staff with design and artisan craft skills.
- Excellent, long-term, supplier relationships, some exclusive.
- Deep relationships with high-end clientele.
By The Numbers
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