Window Coverings & Hardware Distributor
Location Oregon,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1324754
Net Profit / Cash Flow $183290
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1955
Number of Employees 4 - 5
Inventory 259000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Owner will train
Reason for Sale The owner has another opportunity that he wants to pursue
Description This Company is a niche distributor of window treatment and hardware from high quality sought after manufactures. The Company has the capability to customize the most difficult of projects with their specialty equipment. The diverse customer base includes retail, wholesale and clients from construction industries. The following is a break-out of the types of customers that this Company services.
Retail
- Brick & Mortar Retailers
- Residential Interior Designers
- Small Mobile Retailers
Wholesale
- Drapery MFG
- Hotels
- Commercial Office Buildings
Construction
- Architects
- Commercial Builders
- Residential Builders
HISTORY: This business is a 50 year old Company with a strong reputation in the market with two branches to service the customer base. The current Owner has been involved with the operations for over 10 years. He has established policies and procedures to grow the business to the next opportunity. He has developed a knowledgeable dedicated staff that has a combined experience of over 100 years.
The Owner has built a strong infrastructure and is ready to pass on to a new owner. Systems, employees and product lines are in place to grow the Company. The Owner has built a turn - key operation that a new owner can capitalize on to grow the business to the next level.
MARKETING STRATEGY: The Company has no current marketing strategy in place. They have relied on their reputation and word of mouth to grow the sales. The Owner believes that the opportunities are vast by adding a marketing manager and developing an on-line presence.
DAYS AND HOURS: Monday through Friday hours are 8:00am to 5:00 pm
EMPLOYEES: Five full time employees.
FACILITIES: The Seattle location is in a 4,900 sq ft warehouse building with a reception area, showroom, offices and warehouse area. The current rent is $3,120 per month, includes NNN. The lease expires on December 31, 2016 with a 3 year option to renew.
The Portland location
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