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- RE: Lighting And Lampshades To The Design Trade - $190K+ SDE
- Contact: Mark Werbalowsky
Quick Facts
Asking Price: | $825,000 | |
Annual Revenue: | $1,250,826 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $5,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 2 | |
BBN Listing #: | SB-55643 | |
Broker Reference #: | ATLANGA003-55643 |
Business Overview:
Since 1995 this shop has been providing a range of decorative accessories to the Interior Design trade. The products are high-end, and many are exclusive to this shop. Seventy percent of the revenue is from stock items while thirty percent are custom items. Sixty-five percent of the clients are in Georgia with the remainder from around the Country. There are 2500+ clients in their database, with 700+ clients purchasing product in 2023. Ninety percent of the clients are designers while the remaining ten percent is the retail public. There are 2 FT employees and 1 PT employee in addition to the owner. The business must be relocated from its current location no later than April 30th, 2025. The seller has identified a new location within very close proximity to the current location. The move to the new location will reduce annual overhead by approximately $30,000.00 per year. The projected SDE for the year ending 2024 is expected to approach $250K. The seller is willing to provide a mutually agreed upon training and transition period.INVESTMENT HIGHLIGHTS:In continuous operation since 1995 with 700+ active clients.There are several exclusive products which are in high demand.There is currently a highly trained & professional staff in place.Very strong social media presence with 12,000+ followers on Instagram.2,000+ email addresses that receive a monthly newsletter.GROWTH OPPORTUNITIES:Currently, only 10% of the revenue is direct to the consumer, which can be expanded.Less than 1% of the revenue is from online sales which can be grown significantly.Offering a design service could drive an additional stream of revenue.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The business currently operates from a leased 4,465 sq. ft. space with monthly rent of $10,580.00 per month. The business must be relocated prior to April 30th, 2025.Reason for Selling:
Additional family timeAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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