Details
Asking Price: |
$2,000,000 |
Annual Sales: |
$3,163,874 |
SDE: |
$574,786 |
Inventory: | Included |
FF&E: | $72,000 |
Real Estate: | N/A |
Employees: | 2 FT Owners 12 FT |
Location: | Denver Metro |
Reason For Sale: | Other Business Interests |
Business Description
This 40-year-old company provides large commercial interior window treatments such as blinds, shades, and motorized and computer-driven systems. The company does not provide residential services. Sales are growing at a rate of over 20% per year for the last 4 years. The current Owners have been preparing for an exit for the last 2 years. They have hired and cross-trained key managers to cover all their duties to help ensure a very smooth transition. Company has many repeat clientele – they do not advertise or aggressively seek new clients. Customers include large property management firms, commercial contractors, direct end-users (such as hospitals), and government agencies (such as schools). They do not stock any material – everything is purchased on a job-by-job basis and hefty deposits are collected to reduce working capital requirements.
Company Profile:
- Market Share High
- Market Size Growing
- Steady Growth
- Stable Margins
- Stickiness – Repeat Clientele – No Direct Sales Required
- B2B – Business To Business – No Residential Or Retail
- Staff & Management In Place = Smooth Transition & Scalable
Buyer Profile: While experience with construction or interior design would be helpful, the most important skill required of the new owner would be general business management – managing employees, scheduling jobs, and financial management.
Represented by Bill Scott. Tell me more about this business.