MergerPlace

Profitable High End Custom

New York (Westchester)


  • Asking Price: $400,000
  • Gross Income: $936,440
  • Cash Flow: $141,227
  • Real Estate: Not Disclosed
  • Inventory: $66,411
  • FF&E: $50,000
  • Listing ID: #198628
  • Established: 1962
  • Employees: 3 FT/1 PT

Business Description

This is not a business that just sells blinds. This is a high-margin, custom window treatment business that works with clients in some of the wealthiest markets in the world, including Westchester County (NY), Fairfield County (CT) and Manhattan.

Fiscal year results through 4/30/2017 have just been released and the owner put in record revenues and profits. Owner offering favorable lease terms on the storefront building on Westchester County's "Golden Road", just off the Saw Mill River Parkway in a tony Westchester suburb. Serves high-end clientele of end users and designers in Westchester County (NY), Fairfield County (CT) and New York City markets.

One-stop source for design and installation of window treatments, upholstery services and custom home design – including custom shades, shutters, draperies, curtains and more. Since all work is custom ordered, there is minimal working capital investment required for inventory.


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: New York
County: Westchester

Company Information

Year Established: 1962
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT/1 PT

Financial Information

Asking Price: $400,000
Gross Revenue: $936,440
Cash Flow: $141,227
FF&E: $50,000
Inventory: $66,411
Seller Financing Available: No

Property Information

Facilities:

Located in 2,200 ft sq storefront on Westchester County's 'Golden Road'. Seller owns building and will enter into favorable, long-term lease. This Hunter Douglas Centurian Gallery Showroom has a great reputation for quality custom work with referrals driving revenue.

Growth & expansion opportunities:

Stable, long-term employees with installation expertise enhance margin and quality control.

Competition:

This business does not compete with discount blind or curtain businesses. This business deals with high-end clientele in the Westchester County (NY), Fairfield County (CT) and Manhattan markets seeking custom designed window treatments and upholstery.

Reason for selling:

Owner is looking to retire and will work to train the Buyer for an agreed-upon Transition Period.

Support & Training:

Will train for 4 weeks @ no cost. This is a home run for a buyer with the right skill set and ambition. The business, in operation in the same area for decades, has an excellent reputation for enhancing the beauty of area homes. Good advice, good products, good service and effective marketing all add up to a very profitable business with a loyal, upscale client base.

Contact Business Seller

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Business Listed By:

Alan Zinser

Murphy Business Brokers