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Business for Sale

Interior Design Firm for Sale in New York
Suffolk County, NY

Listing #35881

   
Financial Information (non-confidential)
Asking Price $400,000.00 Gross Revenues $880,000.00
Down Payment $250,000.00 Owner’s Cash Flow $160,000.00

Financing: $250,000.00 Down and Negotiable. Seller note of $150K over 2 yrs. @ 7%

Reason for Selling:Retirement

Long Established Interior Design Firm serving the Hamptons. Sales Growing! An absolute steal! The office is in a prime location, offering design services and project management for new builds, renovations and established households including kitchens, bathrooms, furniture, floor coverings, lighting, wallpaper, indoor and outdoor furniture, accessories, reupholstery, slipcovers, and custom window treatments. The sale includes an extensive customer base, serving high net worth residential second home owners in The Hamptons. The seller is a remote owner-operator with 2 FT employees. The owner understands that this type of business requires a transition period to hand off successful relationships with subcontractors, vendors, realtors, builders and architects. The seller will also offer an extensive training period to ensure a comprehensive understanding of the optimized website, social media presence and ongoing coordinated marketing programs to provide a steady stream of referrals and new business. In the trailing 12 months the business has grossed over $880K with a well-documented owner’s cash flow of $160K. An additional $400K in new work has been recently contracted. In fact, the owner has been turning away new work. We are seeking a serious and financially qualified buyer with some industry experience in this field or a related field and at least $250K in liquid funds. A buyer MUST be willing to be hands on. Proof of funds will be requested before any meetings with the owner can be made. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All meetings must be made by appointment only!

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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