Independent Window Treatment Business in Central New Hampshire
Asking Price: | $359,000 |
Gross Revenue: | $502,836 |
EBITDA: | $214,768 |
Established Year: | 2015 |
Cash Flow: | $215,418 |
Rent: | $1,399/Month |
FF&E: | $68,141 |
This business is a full-service, family owned, custom window treatment dealer. This turnkey, well established, and pandemic proof business was founded by the owners in 2015. Their successful and consistent growth over the last 8 years is due in large part to their incomparable customer service and professionalism, which has resulted in a 45% increase in revenues over the last four years. Projections for 2023 over 2022 show an annual increase higher than the previous 4 years. In 2023 they have expanded their showroom, brought on a sub-contractor installer, and a part-time administrator. As an independent company with no franchise fees and low overhead, they are able to offer higher quality products at extremely competitive prices. This custom window treatment opportunity has a 5-star reputation not only for providing, but also installing and repairing custom window blinds, shades, and shutters as well as fabric treatments and smart home motorization for the rapidly growing area of central NH. Covering central New Hampshire and eastern Vermont, the business sells and installs interior window treatments. Products include custom motorized/smart home & manual blinds, shutters, and shades as well as draperies and fabric related products. Buoyed by a strong, loyal clientele the company is supported by a referral network that continues to grow, growing the business along with it. Marketing is minimal through an internet presence, social media, and limited print advertising which leaves a tremendous opportunity for expansion and growth.
Custom Window Treatment Showrooms have been a lucrative business for decades. As technology advances, more opportunities arise for additional income with motorization and smart home integration, quickly becoming a large percentage of annual sales. All window treatments are custom designed and professionally manufactured by the leading industry manufacturers and backed by a limited lifetime warranty. Products are all made to order with no in stock inventory.
Customer mix includes commercial, non-profit organizations, residential renovation, primary and secondary homes, and builder/designers. The territory range is unlimited as the owners will travel as needed for the right opportunity, but the primary market is the Upper Valley and Lake Sunapee region.
The closest direct competition, a franchised dealer and big box store, are 25 miles away and in most cases don’t cross paths in the region. The competitive advantages of the business include location, product selection, personal service, and a strong referral base.