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Interior Design Firm

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$250,000 $1,061,797 $200,000

Furniture and Fixtures Value:
$20,000 ( not included in the asking price)

Business Summary:
LISTING ID # 35881Long Established Interior Design Firm serving the Hamptons. Drastic price reduction! Sales Growing! An absolute steal! The office is in a prime location, offering design services and project management for new builds, renovations and established households including kitchens, bathrooms, furniture, floor coverings, lighting, wallpaper, indoor and outdoor furniture, accessories, reupholstery, slipcovers, and custom window treatments. The sale includes an extensive customer base, serving high net worth residential second home owners in The Hamptons. The seller is an owner-operator with 5 part time employees. The owner understands that this type of business requires a transition period to hand off successful relationships with subcontractors, vendors, realtors, builders and architects. The seller will also offer an extensive training period to ensure a comprehensive understanding of the optimized website, social media presence and ongoing coordinated marketing programs to provide a steady stream of referrals and new business. In the trailing 12 months the business has grossed over $1mil. with a well-documented owner’s cash flow of $200K. An additional $400K in new work has been recently contracted. In fact, the owner has been turning away new work. We are seeking a serious and financially qualified buyer with some industry experience in this field or a related field and at least $250K in liquid funds. If you are located anywhere on LI, NY Metro, or even bordering CT or NJ, this could be a fit. Proof of funds will be requested before any meetings with the owner can be made. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or [email protected] addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35881 for instant access to this business information.

 
   
   
Year Business was Established: 2007
   
Number of Employees: 5 PT  
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  
 

 

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