Wholesaler of Products to Design & Architecture

Not Disclosed, GA

Asking Price: Annual Revenue:
$750,000 $1,760,000

Wholesale/Distribution: Durable Goods

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RE: Wholesaler of Products to Design & Architecture Broker: Greg Younts
Owner Financing is Available!
$675,000 down/$75,000 over 60 months @ 6%.

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,760,000
Net Profit: Not Disclosed
Cash Flow: $611,652
Total Debt: Not Disclosed
FF&E: $48,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 14
BBN Listing #: 30944955
Broker Reference #: 1104-16739

Email or Print Listing

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Business Overview:

This Atlanta-based business has a 30+ year history of success as a wholesaler of fabrics, wall coverings, furniture and accessories. The client base includes designers and architects that serve residential and commercial customers in the six state territory of NC, SC, GA, AL, TN and MS. On occasion, clients will visit the Atlanta showroom from other states in the Southeast. About 75 manufacturers and 12 categories of products are represented. And, in most cases, the business has the exclusive rights to sell a manufacturers’ products in their six state area.

Atlanta is a major hub for the design industry, and the business has achieved a long history of success in this very competitive marketplace by providing a one stop shopping environment for almost every designer need. The business offers a broad range of products from the average to the high price range that is second to none in the marketplace. Thousands of clients have been served over the years and about 2,000 are currently active. 50% of the clients generate repeat business and about 500 generate 25% of the revenue.

The owner had several years of design industry experience before acquiring the business from the founder, and this experience has served him well in growing the business to the current level of success. He has built a management team in which each staff member has been with the business for at least 5 to 25 years, and all sales staff have degrees in Design. Sales staff have the knowledge and experience to shop for their clients and often pull project schemes together for the client. This service was very beneficial when clients could not visit the showroom when it was closed during COVID or when a client did not have the resources to pull their jobs together.

The owner is forecasting annual sales of about $1.76 MM in the current fiscal year, which would be one of the best years in the business's history. Sales have also remained strong through COVID and the challenges presented in the current economy.

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Property Features and Assets:

The home office and showroom location is ideal for serving the design and architecture industries in Atlanta and surrounding areas. Clients travel to the showroom with great frequency. The facility is a leased space of 15,750 square feet and only 1,000 square feet is used for storage and office space. Some inventory is stored in an off-site storage facility with 500 square feet of capacity. Assets = $209,000.

Market Competition and Expansion:

A diversified strategy is used today to sell products that includes social media, email, sales calls in person or by phone, ZOOM and FaceTime. And, designers and architects visit the showroom in Atlanta. About 5% of sales come from referrals. Referral sources include designers, architects and the manufacturers represented by the business. The new owner could grow the business by importing or purchasing antiques, artwork and accessories to sell under the business’s label. Also, adding fabrics and furniture under a private label to sell is another way to expand on products to sell. Opening another showroom location in the Southeast is another possible growth strategy.

Reason for Selling:

Owner wants to slow down and eventually retire.

Additional Details:

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

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