Status: New
Profitable Window Treatment Business in Naples - Listing #: 56863
| Listing No: BBF-966-56863 | |
| Category | : | Retail Miscellaneous | SIC | : | 5999 | |
| Detail | : | Window Coverings | Price | : | 1,700,000 | |
| County | : | Collier | Down | : | 520,000 | |
| State/Prov | : | Florida | Disc Earn | : | 450,006 | |
| Country | : | USA | Sales | : | 1,956,416 |
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This Hunter Douglas window treatment business is the top one in Naples, FL. This business works with retail customers who own houses and condos worth $2MM-$10MM. Those customers are not price sensitive, allowing the owners to focus on the high end Hunter Douglas products (Shades, Blinds and Shutters). Currently, they have a 4.8 rating on Google.
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| Reason for Sale | : | Retirement |
| General Location | : | Naples, FL |
| Organization Type | : | 'LLC' Hours Owner Works: 50 |
| : | Years Established: 29 Years Owned: 5 Emp FT: 7 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 5 Years: 50 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | Monday-Friday 9:00am - 5:00pm Sat. 10am-2pm |
| Skills/Licenses | : | None |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: Y Should Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | Tax Return | |
| Year (Cash Flow) | 2024 (N) | 2023 (N) | 2022 (N) | |
| Gross Revenue | 1,956,416 | 2,233,451 | 1,928,565 | |
| Cost of Goods | 981,778 | 1,295,940 | 1,078,506 | |
| Gross Profit | 974,638 | 937,511 | 850,059 | |
| Expenses | 557,816 | 660,542 | 752,340 | |
| Net | 416,822 | 276,969 | 97,719 | |
| Owner Salary | 0 | 0 | 0 | |
| Benefits | 42,263 | 31,364 | 26,805 | |
| Interest Expense | 16,499 | 93,026 | 60,964 | |
| Depreciation | 4,422 | 4,422 | 23,083 | |
| New PT Employee replace Corinne | -30,000 | -30,000 | -30,000 | |
| Discretionary Earnings | 450,006 | 375,781 | 178,571 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 0 | N* | ___________ | 0 | N* |
| F F & E | 198,537 | Y* | Total Assets | 284,537 | Y* |
| Leasehold | 86,000 | Y* | |||
| *Included? |
| Lease/Month: 5810 | Square Footage: 2930 | Building Type: Strip Center |
| Terms & Options: New long-term lease avail | Expiration Date: 8/18/2031 |
| Lender Pre-Qualified Project Summary |
| Acquisition Costs | Down Payment and Financing |
| Purchase Price | 1,700,000 | Down Payment | 520,000 | |
| Working Capital | 50,000 | Loan/Assumable | 0 | |
| Loan Fees | 15,000 | Loan/Seller | 0 | |
| Closing Costs | 5,000 | Loan/Other | 1,250,000 | |
| Total | 1,770,000 | Total | 1,770,000 |
| SBA Loan | - Amt: | 1,250,000 Mos: | 120 Rate: | 10.00 Mo Pmt: | 16,518.84 |
| JOSEPH ALTER | Office | : | (855) 969-3534 | |
| BROKER | Fax | : | ||
| Home | : | (239) 849-9334 | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 849-9334 |
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
| NAPLES, FLORIDA 34105 | : | jalter@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |