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Denver Custom Window Coverings And Blinds
Location: United States -> Colorado -> Denver
Industry: Business Services > Other Services

Business Summary

Denver Window Coverings & Blinds Design, Sales and Installation Company. 70% Residential, 30% Commercial.

This company is under a Letter of Intent as of 6/ 1 /23 until 8/ 1 /23. It allows me to continue to market it but I can't accept other offers unless this falls through. If it does fall through and I have your information, I will let you know. Thank you, Jeff.

The trailing 12 months revenues were 1.05M with earnings of 444K which is showing growth over the 2022 earnings of 383K. That is a 42% profit margin which is very high compared to similar businesses. They bought the business in October of 2020, and it took them most of 2021 to streamline the process and set up the company for success. 2022 is their first ''streamlined'' year and further proof of this is that the earnings are still improving as of May of 2023 indicating that they are now able to focus on growth and not on how to run the business anymore.

This now has a Lower Sales Price and Higher Earnings. The sales price has just been lowered to 749K from 840K which makes the new multiple of earnings less than 1.7 times the earnings.
One of the reasons is that they are a 5-star rated company on all review sites and have 125 5 star rated Google reviews which are very valuable for marketing and social media.

The business is growing very quickly already but there are ways to increase the growth and profits. Attending tradeshows, hiring another salesperson or doing some sales as the new owner, doing more commercial jobs, and increasing advertising, (they only spend about 1,000 dollars a month on marketing).

The new owner doesn't need any drapery, design, or construction experience but should be able to either manage the business and/or help with sales. They work with various blinds/shades vendors, with established discounts on top of regular wholesale prices, and also create custom drapes and shades.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,050,000
Cash Flow:   $444,000
Cash Flow Type:  EBITDA
Inventory:  $60,000
Seller Financing:  Yes

About The Business

Year Established:  1999
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 of the 3 owners are also employees and would like to stay post closing
Reason For Selling:  Personal reasons


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Denver Custom Window Coverings And Blinds Photo 1

Print Listing Id: 700383859
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