Independent Window Treatment Business in Central New Hampshire

Merrimack County, NH

Seller Financing Available

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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
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/07/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business occupies 1000 square feet of professionally outfitted space. 600 square feet is utilized as a product showroom with the remaining 400 square feet use to receive and consolidate customer orders. Rent for the retail space is $1,398.72 monthly which includes trash pickup, plowing and landscaping. Water and septic are included as well.
Competition
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.
Growth & Expansion
Sellers choose to operate 28 hours a week. This is a great family run business opportunity to grow by implementing the following: -expanded hours -expanded product offerings such as window film, upholstery, awnings, custom closets, exterior shutters, repairs, fabric by the yard, and home good products -add online shopping capabilities -expand social media and internet marketing such as Facebook target marketing, Google ads, Yelp, and Angie’s list - more focus on commercial work - network with local builders, Realtors and designers - Maintain a booth
Financing
Negotiable Upon the Strength of the Deal.
Support & Training
The current owners are looking to relocate to be closer to family. The sellers are willing to stay on and train for two weeks after the transfer of the business at no charge.
Reason for Selling
The sellers are looking to relocate to be closer to family.
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Jay
Polimeno
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Jay Polimeno