Profitable Interior Design Firm
Asking Price: | $725,000 |
Gross Revenue: | $1,500,000 |
Established Year: | 1986 |
Cash Flow: | $450,000 |
FF&E: | $35,000 |
Long Established Reputable Agency Ideal Acquisition For Growing Design Firm
Amazing opportunity to take over a long-established and profitable business.
As one of the longest-tenured and most prominent firms in Portland, with frequent feature coverage in the Oregonian and national magazines, this business has the longevity, awards, referral base and top Google rankings that provide a steady stream of new clients and take years to earn.
The business serves both individual customers and commercial builders on large multi-family projects. Revenue comes from design fees as well as high margins on furniture and furnishings sold to customers.
The success of the firm is based on establishing trust with clients. The design ethos is driven by understanding the client’s preferences and vision and steering towards timeless outcomes rather than trendy.
The business operates in an ideal space that serves as both showroom, and comfortable space for client presentations and conferences. Centrally located in a charming neighborhood in SW Portland offering convenient access and easy parking. The building is owned by the seller and can be either purchased outright or leased.
All of the elements for success are here: an experienced team, policies and procedures, a great location, relationships with manufacturers and subcontractors, a well-tuned marketing engine, and repeat customers.
The business is declining smaller projects at this point due to excess demand. They are perfectly poised to remain on the current upward trajectory and ready to expand with additional staff
Current marketing activity is rather minimal. Boosting investment in social media and PR would drive incremental inbound leads.
Competitors exist, but moves, divorce, downsizes, vacation homes and continued development throughout Oregon and Washington create ongoing opportunity in all economic environments. The firm differentiates by refining and accentuating the client’s vision rather than forcing the designer’s view.