Listing ID:
4110-00476
Listing Type:
Exclusive Right of Sale
Price:
$420,000
Down Payment:
$420,000
Category:
Interior Design/Dec
Subcategory:
Home Interior Design
County:
Orange
State/Prov:
Florida
Sales:
$1,254,638
SDE:
$175,801
Presenting an amazing opportunity to acquire a premiere, well established interior design business located in the heart of Orlando.
This business has the only Orlando based gallery which showcases a globally recognized window treatment company, alongside other prestigious brands.
They specialize in innovative, custom created shades, blinds, shutters and drapery. With a distinguished track record for delivering bespoke interior design, providing a seamless service and outstanding high-end products.
The business boasts an impressive five star google review rate and carries a stellar 28-year reputation. The current owner is committed to ensuring a smooth transition and is willing to offer extended support and training to the new owners.
Offering phenomenal growth opportunities whether you are a seasoned interior designer or an entrepreneur looking to enter the home furnishings industry, this flourishing business has everything in place to help you to succeed.
Location:
Central Florida
Organization Type:
'LLC'
Hours of Operation:
Mon-Fri 9am-3.30pm
Years Established:
28
Years Owned:
28
Employees FT:
1
Employees PT:
0
Managers:
1
Amount of Hours Owner Works:
40
Is Relocatable:
Yes
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Leasehold Improvements:
$800 Included
FF+E:
$2,000 Included
Total Assets Included:
$2,800
Monthly Rent:
$1,600
Expiration Date:
2029-11-01
Square Footage:
800
Terms and Options:
Option to renew negotiable
Building Type:
Commercial
Reason for Sale:
Retirement
Training and Support:
2 weeks 9am-3pm Mon-Fri
Non Compete:
5 years 25 miles
Owner Qualifications:
Business Management experience helpful.
Listing ID: 4110-00476
Listing Type: Exclusive Right of Sale
Price: $420,000
Down Payment: $420,000
Category: Interior Design/Dec
Subcategory: Home Interior Design
County: Orange
State/Prov: Florida
Sales: $1,254,638
SDE: $175,801
Presenting an amazing opportunity to acquire a premiere, well established interior design business located in the heart of Orlando.
This business has the only Orlando based gallery which showcases a globally recognized window treatment company, alongside other prestigious brands.
They specialize in innovative, custom created shades, blinds, shutters and drapery. With a distinguished track record for delivering bespoke interior design, providing a seamless service and outstanding high-end products.
The business boasts an impressive five star google review rate and carries a stellar 28-year reputation. The current owner is committed to ensuring a smooth transition and is willing to offer extended support and training to the new owners.
Offering phenomenal growth opportunities whether you are a seasoned interior designer or an entrepreneur looking to enter the home furnishings industry, this flourishing business has everything in place to help you to succeed.
Location: Central Florida
Organization Type: 'LLC'
Hours of Operation: Mon-Fri 9am-3.30pm
Years Established: 28
Years Owned: 28
Employees FT: 1
Employees PT: 0
Managers: 1
Amount of Hours Owner Works: 40
Is Relocatable: Yes
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
GROSS SALES: $1,254,638
– Costs of Goods Sold: $914,068
= Gross Profit: $340,570
– Total Expenses: $160,826
= Net Before Taxes: $179,744
ADD BACKS
+ Owner(s) Salary: $0
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other $: $-3,943
TOTAL OWNER BENEFIT: $175,801
GROSS SALES: $699,661
– Costs of Goods Sold: $386,475
= Gross Profit: $313,186
– Total Expenses: $299,836
= Net Before Taxes: $13,350
ADD BACKS
+ Owner(s) Salary: $43,597
+ Benefits: $34,588
+ Interest Expense: $22,492
+ Depreciation: $0
+ Other $: $20,222
TOTAL OWNER BENEFIT: $134,249
GROSS SALES: $794,876
– Costs of Goods Sold: $468,531
= Gross Profit: $326,345
– Total Expenses: $317,761
= Net Before Taxes: $8,584
ADD BACKS
+ Owner(s) Salary: $109,101
+ Benefits: $28,238
+ Interest Expense: $3,561
+ Depreciation: $0
+ Other $: $18,999
TOTAL OWNER BENEFIT: $168,483
FF+E: $2,000 Included
Leasehold Improvements: $800 Included
Total Assets Included: $2,800
Monthly Rent: $1,600
Expiration Date: 2029-11-01
Square Footage: 800
Terms and Options: Option to renew negotiable
Building Type: Commercial
Reason for Sale: Retirement
Training and Support: 2 weeks 9am-3pm Mon-Fri
Non Compete: 5 years 25 miles
Owner Qualifications: Business Management experience helpful.