Award Winning Interior Design Firm, Outstanding Clientele List!
This interior design firm has been a recipient of multiple industry awards over the years. The company was established in 2011 by its only owners and their shared vision has never wavered: to delight clients with superior interior design concepts and timeless environments that celebrate life. The firm provides beautiful, practical designs developed with great care in a collaborative, enjoyable process. Most projects are Colorado-based but their excellent reputation has also found them taking on assignments in Arizona, Texas, Floridan and the Bahamas.The business went through a Covid pandemic driven slowdown in 2020 but made a rapid recovery in 2021 and then 2022 witnessed record results. In 2021, revenue exceeded $1.5 million and jumped to almost $2 million in 2022. Similarly, Sellers Discretionary Earnings (SDE) totaled $344,111 in 2021 and grew to $535,242 in 2022.In 2022 and 2023, gross profit margins have been running at an attractive 47%. The average project size in 2022 exceeded $100,000 and 2023 is currently tracking at a still healthy $80,000.The ability to attract a regular flow of new client projects is critical to the success of any interior design firm, including this one, continues to excel at this with new clients being sourced through a variety of channels. At the same time, there are also strong, long-term relationships in place with numerous suppliers and contractors, thereby positioning the business for continued future growth and success.This opportunity should be attractive to existing players in the construction industry looking to acquire a 'bolt on' interior design company, existing interior design firms looking to expand by acquisition, and individuals with a suitable background who are seeking to buy their own business for the first time.
Highly Acclaimed Bakery & Wedding Cake Business for Sale
This well established and highly acclaimed bakery, with a very successful wedding cake business as a key driver, is being offered for sale; it is located in the Greater Boulder, CO Metropolitan area. Established almost ten years ago, this bakery and it's various offerings have grown rapidly in recent years. Sales more than doubled in 2021 to $1.8 million and are projected to exceed $2 million in 2022 which is expected to be it's most profitable year yet with Sellers Discretionary Earnings approaching $285,000. The Asking Price of $700,000 includes over $306,000 in furniture, fixtures, and equipment and approximately $120,000 of inventory. This bakery is the preferred and, in certain cases, the exclusive provider of wedding cakes for over 30 venues throughout Northern Colorado. It is now creating, making and delivering over one thousand wedding cakes per year. There are also two smaller but distinct culinary offerings under the same roof as the bakery. While the industry was hard by the COVID pandemic, this business never had to close and, in fact, its 2020 sales were slightly higher than 2019. The facility is large at 6,660 square feet and there is a long-term lease agreement in place through 2030. The bakery owner expects there to be a smooth transfer of the lease to a buyer. The owner actively manages the bakery but there is also a full-time manager in place who is expected to remain with the business under new ownership. This is a turn-key opportunity to own an established, rapidly growing bakery in one of Colorado's most exciting regions.