Lighting And Lampshades To The Design Trade - $190K+ SDE

Business Overview:

Since 1995 this shop has been providing a range of decorative accessories to the Interior Design trade. The products are high-end, and many are exclusive to this shop. Seventy percent of the revenue is from stock items while thirty percent are custom items. Sixty-five percent of the clients are in Georgia with the remainder from around the Country. There are 2500+ clients in their database, with 700+ clients purchasing product in 2023. Ninety percent of the clients are designers while the remaining ten percent is the retail public. There are 2 FT employees and 1 PT employee in addition to the owner. The business must be relocated from its current location no later than April 30th, 2025. The seller has identified a new location within very close proximity to the current location. The move to the new location will reduce annual overhead by approximately $30,000.00 per year. The projected SDE for the year ending 2024 is expected to approach $225K. The seller is willing to provide a mutually agreed upon training and transition period.INVESTMENT HIGHLIGHTS:In continuous operation since 1995 with 700+ active clients.There are several exclusive products which are in high demand.There is currently a highly trained & professional staff in place.Very strong social media presence with 12,000+ followers on Instagram.2,000+ email addresses that receive a monthly newsletter.GROWTH OPPORTUNITIES:Currently, only 10% of the revenue is direct to the consumer, which can be expanded.Less than 1% of the revenue is from online sales which can be grown significantly.Offering a design service could drive an additional stream of revenue.

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Property Features and Assets:

The business currently operates from a leased 4,465 sq. ft. space with monthly rent of $10,580.00 per month. The business must be relocated prior to April 30th, 2025.

Reason for Selling:

Additional family time

Additional Details:

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