Remodeling, Design/Build & Decor

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35 years of Established Growth and Poised for More!
Asking Price:
$789,000

Gross Revenue:
$1,400,000
Cash Flow:
$320,000
EBITDA:
$400,000
Inventory:
$97,000
included in asking price

FF&E:
$16,000
included in asking price

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Business Description

Located in the heart of one of DFW's fastest growing housing markets and the only business of it's kind in the area! With this booming business holding over 35 years of established clients, a steady influx of new clientele as well as a full retail showroom set up for success and growth with a 3 tiered approach- design, retail sales and remodeling services. There is an abundance of opportunities to make this company your own and benefit from the momentum.
The owner is ready to retire and hand off this opportunity to the next owner to continue to grow the company and service the needs of the consistent, repeat customers and incoming referrals. Our business philosophy has been to meet the needs of our clients with diversified services and products with specialties in green/eco- friendly, aging-in-place building and quality design. In-house design consultation, remodeling services and retail sales of items including; cabinetry, window & wall coverings, lighting, furniture, fabrics & accessories, keep a steady cash flow. A beautiful office space with great lease sets the tone for well-done design and has everything needed to continue. Business is new-owner-ready with a well-trained staff in place including office management, accounting, designer, full access to dealer accounts and the perfect freeway frontage location. Current owner willing to stay on for 30 days to train as well as offer services after on a consultation basis. Most of the established business is based in the metroplex area including both residential and commercial design, however, referrals have provided nationwide opportunities. Referrals and repeat business with a broad range of excellent trade accounts, the right teams of outside contractors and amazing staff has built a business that has great cash flow and income. The business philosophy has been to provide excellent ideas that exceed the client's needs and design aesthetic at a competitive price and integrity with full-service design/build/furnish approach.
In-house design consulting and drawings generate consulting income while stocking dealer accounts for cabinets, fireplaces, flooring, lighting, hardware, furnishings, accessories provide retail profit margins and construction work provides additional opportunity for profit. Add your expertise in management and marketing to use this three-prong approach for both residential, builder and commercial markets for an excellent base to build the future.
Most of the business is within the metroplex but referrals have included nationwide opportunities. The target market is established homeowners ready to upgrade their homes and professionals designing or remodeling their offices.

About the Business

Year Established:
1983
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
12,800
Lease Rate/Sq. Ft./Mo.:
$3,200.00
Lease Expiration:
1/1/2020
Facilities:
Beautiful, recently updated offices/showroom of 3297 SF leased at a very favorable rate on 1 1/2 acres on major freeway frontage. Office spaces for up to 8 staff, some warehouse space, showroom & sample displays. More space available for expansion as required up to 12800 SF.
Market Outlook/
Competition:
The only established firm with physical visibility in this area of the metroplex. Expanding retail services also possible as no/few lighting, flooring, kitchen & bath showrooms in the area.
Growth & Expansion:
Growth potential expodential! Established clientele, vendor accounts, trained staff in place ready to add your ideas, marketing and management skills to augment an already successful business and take it into the next 35 years of success.
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About the Sale

Reason For Selling:
Owner retiring to pursue other opportunities.
Training/Support:
Owner available for up to 30 days of training and then on a consulting basis for owners and/or continued client consulting on commission basis thereafter as agreed.

Listing Info

ID:
1396011
Ad Detail Views:
570

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Business Listed by
Mary Sorenson

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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Dallas County, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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