Owner Financing is Available!
Business Overview:
Here is an opportunity to acquire a very profitable commercial interior design firm which has a niche servicing colleges and universities throughout New England. These schools have great resources in the form of government subsidies and endowments and this company is considered a “safe harbor” for quality design, material, workmanship, and furniture. The Company has been serving this niche for over 20 years and has a recurring revenue stream as its customers are continually expanding, upgrading, and renovating their facilities to compete for students and faculty. There is a history of steady sales and profits and operating margins higher than in the industry average. Almost all projects are paid in full within 45 days of completion and many within 15 days.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The Company is currently leasing a 15,000 square foot building on two acres of land but is using only 75% of its space. The business can be relocated anywhere in New England as customers rarely visit its location. While the owners do not expect that the Purchaser will remain in the building, they are willing to lease it for $7,500 per month, triple net.
Market Competition and Expansion:
No one in New England focuses on college and universities and has the reputation among them like this Company. It is important to note that the Company’s customers are particularly risk adverse and thus not as concerned with the price as they are with the result. Thus, the Company’s reputation for recommending and selling high quality furniture best suited for the client’s specific situation and its excellent customer service after the sale provides its competitive advantage. The Company’s relationships and reputation for service after the sale, built and sustained over forty years cannot be overestimated. In the area of window treatments particularly the firm is without peers and little competition in is market.
Growth and Expansion pro and cons:
This business can be operated very profitably in its current state and level of operations or there is opportunity for expansion among the university and private school market. It would be an excellent addition to an already existing interior design business.
Reason for Selling:
Seller is getting ready to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.