Status: Active
Interior Design Business with Growth Potential - Listing #: 54693
| Category | : | Interior Design/Dec | SIC | : | 7389 | |
| Detail | : | Home Interior Design | Price | : | 570,000 | |
| County | : | Collier | Down | : | 570,000 | |
| State/Prov | : | Florida | Disc Earn | : |
427,021 |
(2022) |
| Country | : | USA | Sales | : |
1,629,930 |
(2022) |
|
Longstanding commercial & residential interior design company with prime showroom location in Collier County. The Company's designers work together with clients from start to finish regarding everything from paint colors to lighting, appliances, cabinets, countertops, flooring and more. The business works with hotels, timeshares, vacation rentals, condo complexes and residential communities. Established nearly forty years ago, the Company has built an outstanding reputation for success with very little spent on advertising. There is plenty of room to grow the business by implementing marketing strategies and by expanding the company's territory. The interior design market has witnessed rapid growth in recent years and is predicted to grow at a CAGR of 5.8% between 2023 and 2030. |
| Reason for Sale | : | Retirement |
| General Location | : | Collier County |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 30 |
| : | Years Established: 85 Years Owned: 39 Emp FT: 3 Emp PT: 0 Mgrs: 0 | |
| Non Compete | : | Miles: 500 Years: 15 Weeks Training: 12 Cost: $0 |
| Operating dys/hrs | : | Monday - Friday 9am - 4:30pm |
| Skills/Licenses | : | Interior Design experience preferred |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | |
| Year (Cash Flow) | 2023 (Y) | 2022 (Y) | |
| Gross Revenue | 1,296,244 | 1,639,930 | |
| Cost of Goods | 896,027 | 1,018,052 | |
| Gross Profit | 400,217 | 621,878 | |
| Expenses | 259,340 | 262,857 | |
| Net | 140,877 | 359,021 | |
| Owner Salary | 78,000 | 78,000 | |
| Benefits | 0 | 0 | |
| Interest Expense | 0 | 0 | |
| Depreciation | 0 | 0 | |
| Other | 0 | 0 | |
| Discretionary Earnings | 218,877 | 437,021 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 45,000 | Y* | ___________ | 0 | N* |
| F F & E | 15,000 | Y* | Total Assets | 60,000 | Y* |
| Leasehold | 0 | N* | |||
| *Included? |
| Lease/Month: 3250 | Square Footage: 3000 | Building Type: Commercial Suite |
| Terms & Options: New Lease Available | Expiration Date: 4/21/2024 |
| Loan/Other | - Amt: | 525,000 Mos: | 120 Rate: | 10.50 Mo Pmt: | 7,084.09 |
| KRISTI SKOWRONSKI | Office | : | (855) 969-3534 | |
| ASSOCIATE | Fax | : | ||
| Home | : | |||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (973) 572-6335 |
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
| NAPLES, FLORIDA 34105 | : | [email protected] | ||
| USA | Home Page | : | sunbeltofflorida.com |