New Lower Price Maui Window Coverings Business

Not Disclosed, HI
Maui County

RESIDENCE


Asking Price: Annual Revenue:
$349,000 $600,000

Retail: Home Improvement


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RE: New Lower Price Maui Window Coverings Business Broker: Elizabeth
Owner Financing is Available!

Quick Facts

Asking Price: $349,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $295,722
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1988
Employees: 1
BBN Listing #: 352748018
Broker Reference #: Not Disclosed

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Business Overview:

This is a 30+ year, well-established, highly profitable family based Maui window covering company. The business is primarily operated by one of the two owners. The "primary" owner works a steady 40 hours a week while the "second" owner believes he spends less than 10 hours a week on the business. The business runs with low overhead and has been profitable since its 1988 inception. The company "bounced" back from the 2008-2009 recession by the end of 2010. Revenues for the five latest post-Covid months averaging about $41,000 (down about 27%) with monthly gross profits still a sizable $21,000. They provide window coverings and installation to the home renovation, vacation rental, hotel, and the new home market. In the process of moving from their dedicated office to a home-based business which is how they ran the business for the first 25 years.

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Property Features and Assets:

This is a home based business.

Market Competition and Expansion:

While a number of other companies sell similar products, they have relatively virtually no competitors offering custom products and installation services in the Kihei/Wailea area. As Maui's new home market and vacation rental market continues to grow, so will this business. Their current web-presence is strong but additional opportunities are available to further the growth. 60% of company revenues come from existing home-owners while the remaining 40% come from vacation rental related units.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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