SOLD!
Details
Asking Price: |
$5,249,000 |
Annual Sales: |
$14,000,000 |
Cash Flow: |
$1,600,000 |
Inventory: | $200,000 |
FF&E: | $75,000 |
Real Estate: | Leased |
Employees: | 1 FT Owner 12 FT / 1 PT |
Location: | Colorado |
Reason For Sale: | Retirement |
Business Description
This highly-regarded and long-established business provides functional design services and furnishings for offices, schools, and governmental facilities.
Contractual relationships are in place with both vendors and customers. The business has a reputation for sleek and functional, high-quality office furnishings, including ergonomic chairs, desks, and cubicle systems.
The company offers interior design, space planning, design consultations, and project management. It enjoys a high sales volume and above industry average profit margin due to the tenured, motivated, and knowledgeable staff. The business is known for its friendly work atmosphere and great customer service.
SBA lenders are excited to lend on this business to a Purchaser with appropriate experience and funds. The asking price includes $250,000 in working capital that is being provided by the Seller. Customer deposits will transfer to the Purchaser at Closing.
Represented by Kimberley Rivero. Tell me more about this business.