Interior Design & Purchasing Firm
Asking Price: | $950,000 |
Gross Revenue: | $1,995,269 |
Cash Flow: | $299,661 |
Established Year: | 1992 |
This multi-faceted group of designers and purchasing agents
specialize in providing beautiful interiors for over 30 years to
their portfolio of repeat commercial clients. The business has
an impressive client portfolio that includes renowned names
like, Hilton Hotels, Marriott International/Starwood Hotels,
Hyatt Hotels Corporation, TAJ Hotels, members of the Royal
families of Qatar, The Kingdom of Saudi Arabia, the Prime
Minister of Turkey, and has completed more than 220 condo
high-rises, hotels & restaurants. The team consists of 1
Design Director, 1 Senior Designer, 1 Designer, 1 Purchasing
Agent, and 1 Bookkeeper. The owner does not do any billable
work but oversees strategy and interfaces with key
employees, he has limited client interaction as he is only in
the office three days per week. The current owner of this
profitable design and architecture firm is willing to stay on for
2-3 years to help ease the transition and is offering to carry
20% of the purchase price with Benchmarks plus roll equity of
5% to show good faith in the future success of this firm.
Priced at $950,000, with over 2 million in sales and consistent
cashflow, this business is primed for a new owner to step in
and reap the benefits of this established firm. There is an
opportunity for growth in the business development of this
organization as most of their clients are repeat/existing base.
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