Seller's Contact Information
- RE: High-End Hospitality Enterprise
- Contact: Kimberle Seale
Quick Facts
Asking Price: | $1,700,000 | |
Annual Revenue: | $1,360,294 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $500,927 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,962 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-53239 | |
Broker Reference #: | STLOUIS001-53239 |
Business Overview:
For more than 30 years, this hospitality business has designed and manufactured innovative bedding, drapery, linens, and bath products for the global hospitality industry. Hotels and resorts worldwide recognize the brand’s reputation for developing products that positively affect the bottom line. Awards and Acknowledgements: The business was supplier of the year for Starwood. Over 5 Million beds worldwide are dressed with their fabric. Most notable hospitality brands this business has served includes: Marriott, Hilton, IHG, Sofitel, Calton, Four Seasons, Wyndham, Hyatt, Starwood, The Ritz-Carlton, Westin, Omni, InterContinental, Radisson and many more.The owner is selling and is ready to retire. While the business set up as a turn-key operation for a new buyer, the seller is willing to stay on to train and transition relationships and growth ideas for the next year. No special certification or experience is required for a buyer. However, retail and hospitality experience is a plus.There are many viable growth opportunities for this business including: adding new strategic partners and hotel brands, selling direct to the customer, simplify the product lines, influencer marketing, PR campaign, and many more.This business can be operate virtually anywhere in the world. Please contact Kimberle at 314-669-1447 to get further details on this fantastic business opportunity.
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Market Competition and Expansion:
Disposable income will likely support demand for specific industry items. There have been alternative niches created by facilitating the distribution of imported furnishings. Positive economic conditions will likely propel more retail furnishings. Less than positive economic conditions and rising interest rates slowing the economy, will drive business owners and homeowners to look for other creative ways to provide an outstanding customer experience without the large capital expenditures.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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