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- RE: Drafting And Designing Of Floor Plans: Remote
- Contact: Not Disclosed
Quick Facts
Asking Price: | $1,250,000 | |
Annual Revenue: | $1,223,948 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $331,415 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 10 | |
BBN Listing #: | 985515 | |
Broker Reference #: | OFF028-A1 |
Business Overview:
This is a business that drafts and designs professional stock house plans with capabilities to CAD customize custom modifications. There are 10 full time staff including 2 sales, 2 Production Managers, 5 Drafters, and 1 Engineer. The owner has a limited role with less than part time hours. He does not do any design, drafting, or sales. For over 30 years this company has served clients throughout the US and Canada. This is a remotely ran operation, with no need for a physical location, which minimizes overhead, leading to their 27% profit margin. To facilitate a smooth transition for potential buyers, the seller is willing to provide training for a period ranging from six months to one year. The duration will depend on the buyer’s preference and their familiarity with the business operations. Additionally, the seller has offered to carry 15% of the purchase price as a show of good faith in the continued success of the business post-close. Priced at $1,250,000, a 10% down payment of $125,000 returns $113,285 in the first year after debt payments! Growth opportunities include the development of an active marketing strategy, as there are currently no ongoing marketing efforts in place. Implementing such strategies could enhance visibility and attract more clients
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Market Competition and Expansion:
Growth Opportunities: Create a marketing strategy as there is no active marketing efforts
Reason for Selling:
Retirement planningAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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