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Boston Based Interior Design Firm
BOSTON, MA
Not Disclosed
 |
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| Asking Price: | Annual Revenue: |
| $1,075,000 | $1,957,807 |
Services: Engineering, Architectural Services
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RE: Boston Based Interior Design Firm
Contact: Cortney Sells
Owner Financing is Available!
10% Buyer Down Payment $107,500
10% Seller Financing $107,500
10% Equity Roll $107,500
70% Bank Loan $752,500
Quick Facts
| Asking Price: | $1,075,000 | |
| Annual Revenue: | $1,957,807 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $300,018 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 5 | |
| BBN Listing #: | 333134398 | |
| Broker Reference #: | AEI002-L |
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Business Overview:
For over 30 years this Boston based firm has catered to their portfolio of repeat commercial clients. This multi-faceted group of designers and purchasing agents specialize in providing complete services for both new construction and refurbishing of commercial interiors. The team consists of 1 Design Director, 1 Senior Designer, 1 Designer, 1 Purchasing Agent, and 1 Bookkeeper. The business has an impressive client portfolio that includes renowned names like, Hilton Hotels, Marriott International/Starwood Hotels, Hyatt Hotels
Corporation, TAJ Hotels, members of the Royal families of Qatar, The Kingdom of Saudi Arabia, the Prime Minister of Turkey, and has completed more than 220 condo high-rises, hotels & restaurants. The owner does not do any billable work but oversees strategy and interfaces with key employees, he has limited client interaction as he is only in the office three days per week. The current owner of this profitable design and architecture firm is willing to stay on for 2-4 years to help ease the transition and is offering to carry 10% of the
purchase price plus roll equity of 10% to show good faith in the future success of this firm. The current owner is a newlywed, looking to sell this business so he can move out of state.
Priced at $1,075,000, with nearly 2 million in sales and consistent cashflow, this business is primed for a new owner to step in and reap the benefits of this established firm. There is an opportunity for growth in the business development of this organization as most of their clients are repeat/existing base.
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Market Competition and Expansion:
Increase marketing – No Advertising or business development Is being done. All clients are existing repeat customers
Reason for Selling:
Recently married and relocating out of state.
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
Documents:
Relevant Links:
- View more Massachusetts businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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