LISTING ID # 35881
Long Established Interior Design Firm serving the Hamptons. Drastic price reduction! Sales Growing! An absolute steal! The office is in a prime location, offering design services and project management for new builds, renovations and established households including kitchens, bathrooms, furniture, floor coverings, lighting, wallpaper, indoor and outdoor furniture, accessories, reupholstery, slipcovers, and custom window treatments. The sale includes an extensive customer base, serving high net worth residential second home owners in The Hamptons. The seller is an owner-operator with 5 part time employees. The owner understands that this type of business requires a transition period to hand off successful relationships with subcontractors, vendors, realtors, builders and architects. The seller will also offer an extensive training period to ensure a comprehensive understanding of the optimized website, social media presence and ongoing coordinated marketing programs to provide a steady stream of referrals and new business. In the trailing 12 months the business has grossed over $1mil. with a well-documented owner’s cash flow of $200K. An additional $400K in new work has been recently contracted. In fact, the owner has been turning away new work. We are seeking a serious and financially qualified buyer with some industry experience in this field or a related field and at least $250K in liquid funds. If you are located anywhere on LI, NY Metro, or even bordering CT or NJ, this could be a fit. Proof of funds will be requested before any meetings with the owner can be made. All meetings must be made by appointment only!
