Seller's Contact Information
- RE: 31-Year-Old Designer Of Custom Closets
- Contact: Randy Bring
Quick Facts
Asking Price: | $3,000,000 | |
Annual Revenue: | $6,659,187 | |
Net Profit: | $1 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 298,777 | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | 31 | |
BBN Listing #: | 1695630 | |
Broker Reference #: | 0101235233 |
Business Overview:
For more than 30 years, this custom designer, manufacturer and installer of closets has set the standard for the industry. Leveraging their unique brand recognition in the space, this non-franchise business works direct to homeowner consumer and with designers, high end furniture showrooms and luxury builders & contractors to design and fabricate stunning projects for their client base. Project capabilities extend from high end custom closets to home offices, garages, living rooms, laundry rooms, wine cellars and commercial spaces. 80% of business is referral and repeat customers. This company has developed a process driven knowhow which allows a non-construction background owner to efficiently operate all aspects from design, construction and installation. Full management in place. Continued year over year growth strongly supports this firm’s ability to serve their client’s growing demand for space organization with a high-end designer finish. Full training and transition for acquirer of company. Ideal family business, likely excellent foreign investor Visa opportunity. Financials are presented on an EBITDA basis and are not “owner’s benefit” or SDE. Interested parties will be asked to provide qualifying financial and professional information before full disclosure and presentation of comprehensive Offering Memorandum. Financing is NOT an SBA loan; it is being offered directly from Seller with 20% down. Contact Listing Broker for specific terms and conditions of Seller's note. The listing Broker has been instructed by the owner of this business that he is motivated to sell quickly, will provide up to 80% Seller financing and, at this time, is seeking “best offers” from all potential Buyers. Please refer to listing #0101235233 & ask for Randy Bring when inquiring.
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Property Features and Assets:
12,000 Square Feet office/fab shop @ $19,170/month.
Market Competition and Expansion:
Unknown/Unlimited
Reason for Selling:
Professional objectives met.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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