High End Designer Showroom Serves A& D Market
Location Illinois,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2217672
Net Profit / Cash Flow $270910
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 4 - 5
Inventory 3600
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Other career interests
Description SBA FINANCING AVAILABLE FOR A QUALIFIED BUYER
This is a vibrant and exciting sales organization whose showroom is the envy of its peers. Showroom is located in the heart of the mid-west's hub of design elements. The showroom location is at a major intersection with terrific curb appeal.
The company enjoys a high repeat customer base made up largely of architects and designers (decision makers and heavy influences) in the commercial, institutional and residential real estate building and improvement markets. These are long-term working relationships. The company carries a minuscule level of inventory as sales are drop-shipped from manufacturers and importers to installation sites all over North America.
The company has nearly 1,500 active designers and architects in its customer base as this is mostly a B2B operation; only 10% of sales are derived from retail buyers. The staff is considered a ''partner'' to the design and build-out process. The product lines they carry are all high-end. The showroom displays a mere sampling of it's offerings. The company carries some lines exclusively in the mid-west. This is a terrific opportunity to acquire a recognized leader offering an essential collection of interior elements. Well run operation delivers terrific margins in a high density geographical market.
Owner spends less than 30 hours per week managing finances and sales professionals. Facility has room for expansion. Geographic sales area expansion and adjunct offerings such as installation are a natural fit as are additional product lines used in every interior application. An overall increase in the sales and marketing effort should yield additional business.
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