Business Overview:
Indoor/Outdoor Home Improvement Business - 15% Growth in 2020
This business is both a B2B and B2C installer of big-ticket home accessories, outshining its competition by offering premier products in two state-of-the-art showrooms, expert installation, and exceptional service. The company’s longevity and reputation in the industry has garnered wide name recognition, and the company’s high-quality website receives a high level of traffic.
The company has many repeat customers and an extensive referral base. Due to its specialized indoor/outdoor product lines and installation requirements, this company has largely been insulated from loss of business due to competition from box stores or online retailers. During the pandemic business has been robust with 15% growth year over year.
The owners are selling the business to pursue other interests and partial retirement. With its impressive showroom featuring the best industry brands, a strong reputation, and a diversified customer base, this business could have potential opportunities for growth. 50+ years of success and SBA pre-approved and via the CARES Act the SBA will pay the 1st 6 months of payments up to $9000/mo. One of the two Retail/Warehouse locations available for sale at $1,400,000.
Additional information- From a 2021 survey from Flipp, a technology company for online shopping, 75% of households are planning at least one indoor/outdoor home improvement project this spring/summer
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Property Features and Assets:
2 retail locations, 2 warehouses;
4,500 square feet retail/6,000 square feet warehouse;
2,900 square feet retail/1,000 square feet warehouse.
Market Competition and Expansion:
This is an essential business!
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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