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32-year-old Designer Of Custom Closets For Sale

Broward County, Florida, US
Asking Price:
$3,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,475,705
Cash Flow:
$201,685

For more than 30 years, this custom designer, manufacturer, and installer of closets has set the standard for the industry. Leveraging their unique brand recognition in the space, this non-franchise business works directly with homeowner consumers and with designers, high-end furniture showrooms, and luxury builders & contractors to design and fabricate stunning projects for their client base. Project capabilities extend from high-end custom closets to home offices, garages, living rooms, laundry rooms, wine cellars, and commercial spaces. 80% of business comes from referrals and repeat customers. This company has developed process-driven know-how that allows a non-construction background owner to efficiently operate all aspects of design, construction, and installation. Full management is in place. Continued year-over-year growth strongly supports this firm’s ability to serve their client’s growing demand for space organization with a high-end designer finish. Full training and transition for the acquirer of the company. Ideal family business, likely excellent foreign investor visa opportunity. Financials are presented on an EBITDA basis and are not “owner’s benefit” or SDE. 2023 financial information has been annualized since September 30, 2023. Interested parties will be asked to provide qualifying financial and professional information before full disclosure and presentation of a comprehensive offering memorandum.

Property Information

Real Estate:

Lease

Lease Terms:

12K SF office/fab shop @ $19,170/mo.

Location:

South Florida

Premises Details:

12K SF office/fab shop @ $19,170/mo.

Business Operation

Expansion Potential:

Unlimited

Competition / Market:

Unknown

Reasons for selling:

Sellers objectives met.

Trading hours:

M-F; 8A-5P & SAT; 6A-1P

Employees:
32
Years established:
32

Other Information

Support & training:

Seller will train for 5 weeks

Furniture / Fixtures value:
$298,777 - included in the asking price
Inventory / Stock value:
$370,484 - included in the asking price
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