30 Year Interior Design Business for Sale

30 Year Interior Design Business for Sale

30 Year Interior Design Business for Sale

30 Year Interior Design Business for Sale

30 Year Interior Design Business for Sale

Price: $295,000

Location: Grand Junction

Industry: Furniture and Home Furnishings Stores

Listing ID: 35603748
DESCRIPTION

Touted as one of the top 15 design firms in the state of Colorado, this 30 year interior design company founded in 1991 began humbly as a home based business offering window treatments. Today it stands out as one of the premiere design companies in the area. The owner recognized the need for quality design services and began offering a full array of services for new construction and renovation. Among the offerings are full service interior design including but not limited to full project management from planning to execution of the initial design to final installation of interior and exterior finish selections, space planning, lighting design,color schemes, high-end bedding , custom draperies and Hunter Douglas window treatments. Whole house turn-key furnishing packages and finish accessories are the biggest portion of revenue with the highest profit margin.

LISTING DETAILS
Total Sales:

Seller’s Discretionary Earnings (SDE): $227,000

FFE: $10,000

Reason For Sale:

Owner is retiring.

Training & Support:

After close of escrow, Seller will provide up to 10 weeks of training at 30 hours per week, then consultation via phone, text, and email for an additional 10 weeks. Owner will ensure a healthy transition to the client base.

OPERATION
Year Established: 1991
Employees: 0

LOCATION
Monthly Rent: $627

Facilities Information:

The office is ideally located in an upscale, beautifully remodeled multi-use building that contains a full-time receptionist and a well appointed receptions area. The building offers many amenities including 4 spacious conference rooms, a mail room with a high end copy-print-scanner, a full kitchen, and public restrooms. Most of the building is occupied by Realtors giving great exposure to potential clients.
Furniture and accessories are staged in a warehouse in a neighboring town until final delivery.
The owner currently leases a private office month to month.

SUMMARY

Competition:

This interior design business is one of about 5 significant design companies in the area. Only one other can attest to the longevity of this one and has attained a different niche in the market place.
The area is realizing tremendous growth. Because of the desirability of the area it is projected the population will double by 2050. The demographics include professionals, wealthy retirees, and high-income earning young families. At one time, the major fold of clients were retirees but today a broad range of clients are serviced by this design company.
Little competition exists as there is a high demand for interior designers in this robustly growing area.

Potential Growth:

While the current owner has operated with junior designers and project managers it can be maintained as it is today by a sole proprietor. However, the area is in need of interior designers and this company could realize exponential growth with the addition of a marketing specialist, a junior designer, and a project manager. These positions could be part time to begin and work into full time as the company grows.
This longstanding interior design company is looking for an energetic designer to take it to the next level.

Financing/Terms:

Seller Financing Available. Considered on a case by case basis

30 Year Interior Design Business for Sale

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Kevin Brooks

Phone: 9702169288
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