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Business for Sale Summary

Interior Design Firm for Sale in New York - 35881

Business Type: home furniture/ furnishings,misc. service/non-classifiable,other business services,other personal services,professional services,owner financing available,interior decorator/design
Interior Design Firm for Sale in New York
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This business has received 111 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $1,061,797 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and Negotiable.

Business Description

Long Established Interior Design Firm serving the Hamptons. Drastic price reduction! 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 an owner-operator with 5 part time 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 $1mil. with a well-documented owner’s cash flow of $200K. 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. If you are located anywhere on LI, NY Metro, or even bordering CT or NJ, this could be a fit. Proof of funds will be requested before any meetings with the owner can be made. All meetings must be made by appointment only!

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.