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Interior Design, Furniture Store & Remodeling Combo! (37997)


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.



Listed By: Tatiana Del Pilar

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Background information

Seller Number:

37997

Year established:

1979

Reason selling:

Approaching retirement.

Finance

Sales:

$2,600,000

Profits:

$285,000

Profit type:

Discretionary Earnings

Operations

Employees:

8 nonunion.

Equipment:

$70,000

Inventory:

$800,000

Premises

Square footage:

23,200+/-

Rent and lease terms:

Includes tenancy income up to $6,500 from two of the four owned properties.

Opportunities

Market:

Website, Social Media & Referral Sources in a 75-mile radius.

Price and terms

Price:

$1,350,000

Financing:

Standard SBA-term financing will be negotiable for qualified buyers.

Owner Transition:

After negotiable acclimation, opportunities exist to streamline and gain partnerships.