Situated on Florida’s Western Coast, this business specializes in full-service interior design and home furnishing for both residential & commercial applications. The company sells top-of-the-line brand fixtures and materials from their retail location. By also providing light remodeling project services such as painting and floor work, the company thrives as an all-encompassing resource with top ratings and a longstanding reputation. With an excellent potential for extra sales through online orders, there is flexibility to grow the business in many directions. Revenues for 2023 totaled approximately $2.6 Million with SDE’s of $285,000. Available for optional purchase, the property is a collection of four buildings measuring about 23,200 square feet, two of which feature 12,000-sq.ft. of office space, showroom, warehousing and production area. The remaining two facilities offer an income stream if purchased; a clerical space of 3,200-sq.ft. leased for $1,000 monthly, and 8,000-sq.ft. of storage/development areas rented for $5,500 per month! Though the current ownership prefers to be involved in hands-on ownership, the skilled team of eight nonunion employees keep operations running smoothly allowing a good work-life balance for the ownership. After a negotiable transition period there are opportunities to streamline and gain partnerships post-sale. Besides their active website & social media engagement, marketing efforts currently focus on a 75-mile radius backed by verbal referrals from a large, recurring client base with avenues to expand the outreach exist via advertising.
- Asking Price:
- $1,350,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,600,000
- Cash Flow:
- $285,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Includes tenancy income up to $6,500 from two of the four owned properties.
- Size in square feet:
- 23,200+/-
Business Operation
- Reasons for selling:
-
Approaching retirement.
- Trading hours:
-
Monday to Saturday 9AM - 6PM.
- Employees:
- 8 nonunion.
- Years established:
- 1979
Other Information
- Support & training:
-
After negotiable transitioning opportunities exist to streamline and gain partnerships.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $70,000 - included in the asking price
- Inventory / Stock value:
- $800,000 - included in the asking price