NOT DISCLOSED, California
| Asking Price |
$565,000 |
Year Established |
1957 |
|
| Annual Revenue |
$1,728,876 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Dana Smith |
|
| Annual Cash Flow |
$538,319 |
Listing Number |
571818 |
|
| # of Employees |
1 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
UNDER CONTRACT $1.6M Revenue and $500,000 in SDE in '21! Highly profitably, long-established, custom drapery manufacturer/installer in San Diego, CA. Caters to high-end homeowners and designers who demand the finest quality...and they deliver (and install) the goods and have for decades. Still plenty of room for growth as they can't keep up with demand and do very little marketing. Great margins...not a discount house. Hardly affected by COVID.
Father started business in 1957. Son (current owner) took over in 1980 and has grown the business substantially since.
The company is known for its fine quality and outstanding customer service, They are not a discount house. There are other custom drapery manufacturers in the area, but none who compete with the quality they produce, and the service after the sale as well. The established relationships they have with local designers gives them a leg up on the competition as well as their qualify.
The company doesn't do any marketing other than their website. There is substantial growth potential if the buyer starts marketing and adds a salesperson in addition to the new owner.
Occupies half of the building owned by the seller, located in a business park. Includes large, open work room with enough room for five seamstresses, large work tables, roll-up door, offices, kitchen/break room, storage loft with stairway, lobby, showroom.
Property Features and Assets:
Market Competition and Expansion:
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