MergerPlace

Profitable Drapery and Blind Company

Minnesota (Ramsey)


  • Asking Price: $290,000
  • Gross Income: $399,957
  • Cash Flow: $141,569
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $3,880
  • Listing ID: #217885
  • Established: 1959
  • Employees: 1

Business Description

Business designs, manufactures and sells custom draperies/blinds for both retail and commercial customers. Established in 1959, this company has served the Twin Cities area for 60 years and maintains an excellent reputation for quality and service. Current owner purchased business in 1989. Products also include custom bedding and pillows.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: Minnesota
County: Ramsey

Company Information

Year Established: 1959
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1

Financial Information

Asking Price: $290,000
Gross Revenue: $399,957
Cash Flow: $141,569
FF&E: $3,880
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

Business operates out of a 1203 sq.ft. commercial building located in area strip mall. Location has large parking lot for employees and customers. Easy access in and out of building. Excellent visibility from the street.

Growth & expansion opportunities:

Great opportunity for growth. To this point owner has grown business based on word of mouth and quality service. Revenue is at a level the owner can maintain but feels many opportunities are missed because of lack of energy to grow business to the next level. Options for growth are endless including working with new home builders, property managers, interior designers and new business entities.

Competition:

No competition near by.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 4 weeks at no cost. Sewing skills will be required to bid and complete custom orders. Buyer could place someone with these skills in the business and focus on increasing marketing and sales. No license required.

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Business Listed By:

Dennis Knapp

Murphy Business Brokers