Interior Design, Furniture Store & Remodeling Combo! (37997)
Asking Price: | $1,350,000 |
Gross Revenue: | $2,600,000 |
FF&E: | $70,000 |
Cash Flow: | $285,000 |
Inventory: | $800,000 |
Established Year: | 1979 |
Situated on Florida’s Western Coast, this business specializes in full-service interior design and home furnishing for both residential & commercial applications. The company sells top-of-the-line brand fixtures and materials from their retail location. By also providing light remodeling project services such as painting and floor work, the company thrives as an all-encompassing resource with top ratings and a longstanding reputation. With an excellent potential for extra sales through online orders, there is flexibility to grow the business in many directions. Revenues for 2023 totaled approximately $2.6 Million with SDE’s of $285,000. Available for optional purchase, the property is a collection of four buildings measuring about 23,200 square feet, two of which feature 12,000-sq.ft. of office space, showroom, warehousing and production area. The remaining two facilities offer an income stream if purchased; a clerical space of 3,200-sq.ft. leased for $1,000 monthly, and 8,000-sq.ft. of storage/development areas rented for $5,500 per month! Though the current ownership prefers to be involved in hands-on ownership, the skilled team of eight nonunion employees keep operations running smoothly allowing a good work-life balance for the ownership. After a negotiable transition period there are opportunities to streamline and gain partnerships post-sale. Besides their active website & social media engagement, marketing efforts currently focus on a 75-mile radius backed by verbal referrals from a large, recurring client base with avenues to expand the outreach exist via advertising.