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Window Covering Dealer & Upholstery Business
Location: United States -> Hawaii
Industry: Manufacturing > Furniture Manufacturing




Business Summary

One of Hawaii's leading and well-known full-service window covering dealer and upholstery service provider for over 25 years is offered for sale due to retirement.

They offer a wide selection of window treatments including draperies, shutters, shades and blinds and superior upholstery services for the residential, rental property and business markets. Their experienced and knowledgeable staff help customers select the perfect window treatment or upholstery fabric for their home, business or rental property. Offering a large selection and professional installation, they will help customers select the best window treatments for their needs; whether for privacy, blocking the sun, or adding that perfect touch of elegance to any room.

Their sales mix is approximately 74% window coverings & draperies, 17% upholstery and 9% other.

The Business has had an excellent track record of growing sales and profits and is a well-recognized and preferred supplier to the Hawaii market.

The Business owns its real estate, a commercial condo, which is included in this offering. This will allow a buyer to not pay rent but to build real estate equity along with business profits, and the combination of a business and real estate loan may be easier and cheaper to finance.

OFFERING SUMMARY
Total Asking Price: $1,210,000
Business: $711,000
Real Estate: $499,000

BUSINESS HIGHLIGHTS

- Very long-established brand
- Well known and preferred supplier
- Excellent brand reputation based on excellent quality and service
- Excellent sales revenue growth, up 65% during last 5 years
- High gross margins of over 64.5% (average last 5 years)
- Excellent and growing owner's profits (''Seller's Discretionary Earnings'')
- Easy to operate business
- No employees other than the owners; all staff are independent contractors
- Includes real estate; build equity instead of paying rent
- Purchasing both a business and its associated real estate offers a buyer


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $732,400
Cash Flow:   $224,600
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $46,000
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retirement

Photos

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Window Covering Dealer & Upholstery Business Photo 1




Print Listing Id: 700282550
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Also See: Franchise Opportunities > Franchise Resales > Hawaii Businesses For Sale > Hawaii Franchises For Sale > Hawaii Business Brokers



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