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- RE: Interior Design & Purchasing Firm
- Contact: Not Disclosed
Quick Facts
Asking Price: | $950,000 | |
Annual Revenue: | $1,995,269 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $299,661 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | 5 | |
BBN Listing #: | 980982 | |
Broker Reference #: | AEI002-N |
Business Overview:
This multi-faceted group of designers and purchasing agents specialize in providing beautiful interiors for over 30 years to their portfolio of repeat commercial clients. The business has an impressive client portfolio that includes renowned names like, Hilton Hotels, Marriott International/Starwood Hotels, Hyatt Hotels Corporation, TAJ Hotels, members of the Royal families of Qatar, The Kingdom of Saudi Arabia, the Prime Minister of Turkey, and has completed more than 220 condo high-rises, hotels & restaurants. The team consists of 1 Design Director, 1 Senior Designer, 1 Designer, 1 Purchasing Agent, and 1 Bookkeeper. The owner does not do any billablework but oversees strategy and interfaces with key employees, he has limited client interaction as he is only in the office three days per week. The current owner of this profitable design and architecture firm is willing to stay on for 2-3 years to help ease the transition and is offering to carry 20% of the purchase price with Benchmarks plus roll equity of 5% to show good faith in the future success of this firm.
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Market Competition and Expansion:
Increase marketing – No Advertising or business development Is being done. All clients are existing repeat customers.
Reason for Selling:
Recently marriedAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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