MergerPlace

Hawaii Window Coverings with Real Estate

undisclosed, Hawaii


  • Asking Price: $1,075,000
  • Gross Income: $722,376
  • Cash Flow: $307,101
  • Real Estate: $460,000
  • Inventory: $1,000
  • FF&E: $45,000
  • Listing ID: #213357
  • Established: 1990
  • Employees: 2

Business Description

One of Hawaii’s leading, well-known and very profitable full-service window coverings dealer and service provider for over 29 years and its real estate is offered for sale due to the owner’s retirement.

They offer a wide selection of window treatments including draperies, shutters, shades and blinds for the residential, rental property and commercial markets. Their experienced and knowledgeable staff help customers select the perfect window treatment or fabric for furniture in their home, business or rental property. Offering a large selection of top national brands and professional installation, they help customers select the best window treatments for their needs; whether for privacy, blocking the sun, or adding that perfect touch of elegance to any room.

The Hawaii home construction and remodeling market is very robust. The Business has had an excellent track record of growing sales and profits through its website and online presence and is a preferred supplier to the Hawaii market. Since 2010 their gross sales revenue has jumped from $392,700 to over $744,000 in 2018. They are very profitable: both very high gross profit margins (63%) and net profit margins (38%). In 2018 their owner’s profit (SDE) was over $273,000; more than enough to afford living in Hawaii’s paradise.

They require customers to pay a 50% to 75% deposit with their order which results in an average net working capital investment of almost zero. Taxes are prepared by their CPA and they have clean books with very few add-backs.

Unlike many businesses in Hawaii, the Company owns the building that the Business operates in. The SDE has been adjusted to reflect the market lease rental rate. This offering is for both the business and the real estate. The total cash flow available for a buyer’s bank loan payments is over $307,000, (this includes the rent they pay themselves for rent) which should allow a qualified buyer to obtain business and real estate bank financing. Instead of paying rent to some landlord, the buyer of this business will be able to build real estate equity in Hawaii’s long-term growing market. The total asking price for both the business and the real estate is only $1,075,000.

We have a detailed Confidential Business Profile, with all financial information based on tax returns and complete business information, for your review.


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: Hawaii
Metropolitan Area: undisclosed

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $1,075,000
Gross Revenue: $722,376
Cash Flow: $307,101
FF&E: $45,000
Inventory: $1,000
Real Estate: $460,000
Seller Financing Available: No

Property Information

Facilities:

The real estate is owned by the business. It is a low operating cost commercial condo which is conveniently located and has 1,480 square feet. Attractive building which contains both a retail showroom and workshop. It is located close to customers and has excellent free parking.

Growth & expansion opportunities:

Add additional product lines Expand to other Hawaii islands

Competition:

Limited direct competition

Reason for selling:

Retirement

Support & Training:

2 weeks

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tom Caltrider

Hawaii Business Sales