Interior Design and Furniture Firm
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $403309
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1979
Number of Employees 6 - 9
Inventory 134000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train new owner and sign a non-compete
Reason for Sale Retirement and relocation
Description Well-known, reputable design team and retail location providing furniture, window treatments, carpeting, lighting, mattresses and accessories. Enjoys excellent reputaton with clientele and suppliers. Original owner since 1979. Leased two-story 3,299 sq. ft. building. Mezzanine was built to showcase and display floor, wall and window covering elements of the design service, and as such, no rent is charged for 1,270 sq. ft. of selling space. Five-year lease with five-year option-utilities included. Employees, 3 part time, two additional sales personnel and office worker will be full time. Monday - Friday, 10am-5pm. Key employee to remain for smooth transition and preservation of reputation at buyer's discretion. Seller retiring and relocating. Will train new owner and sign a non-compete agreement. Some competition. Local community provides 60% repeat business and many referrals in 150 mile radius due to well-known national brands. Recommend accessories inventory be increased. Added sales staff and advertising would increase sales dramatically. Located near Interstates 10 & 215, 20 miles from San Bernadino, near Ontario Airport.
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