This interior design firm has been a recipient of multiple industry awards over the years. The company was established in 2011 by its only owners and their shared vision has never wavered: to delight clients with superior interior design concepts and timeless environments that celebrate life. The firm provides beautiful, practical designs developed with great care in a collaborative, enjoyable process. Most projects are Colorado-based but their excellent reputation has also found them taking on assignments in Arizona, Texas, Floridan and the Bahamas.
The business went through a Covid pandemic driven slowdown in 2020 but made a rapid recovery in 2021 and then 2022 witnessed record results. In 2021, revenue exceeded $1.5 million and jumped to almost $2 million in 2022. Similarly, Sellers Discretionary Earnings (SDE) totaled $344,111 in 2021 and grew to $535,242 in 2022.
Due to a variety of factors, including the general cynical condition of the industry, there was a drop off in 2023.
The ability to attract a regular flow of new client projects is critical to the success of any interior design firm, including this one,continues to excel at this with new clients being sourced through a variety of channels. At the same time, there are also strong, long-term relationships in place with numerous suppliers and contractors, thereby positioning the business for continued future growth and success.
This opportunity should be attractive to existing players in the construction industry looking to acquire a 'bolt on' interior design company, existing interior design firms looking to expand by acquisition, and individuals with a suitable background who are seeking to buy their own business for the first time.
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Market Competition: Demand for interior design services is driven by construction and/or renovation of residential, commercial, industrial, and institutional buildings. The profitability of any one individual company is a function of accurate bidding, timely delivery, and a steady flow of projects. Smaller companies in the industry, such as this one, can and do compete effectively by providing superior service, specializing, and using unique or custom product sources.
