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This Business has been Sold!
Closing Date: 08/28/2020
Broker: Jim Aloi
Business for Sale Summary

Window Treatment Company Suffolk County, NY - 32780

Business Type: advertising/ printing,bldg materials/hardware/garden,home furniture/ furnishings,misc. construction/non-classifiable,misc. retail/non-classifiable,misc. service/non-classifiable,owner financing available,non-classifiable establishments
Sold
Window Treatment Company Suffolk County, NY
On August 28th 2020, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $1,800,000 Down Payment $900,000
Gross Revenues $3,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $750,000 Number of FT Employees Register Free to View

Financing

$900,000 Down and $1,150,000.00 for 5 years @7%

Business Description

Established thirteen years ago, this Interior Design Niche Service and Installation Business veritably nets $750k per year on $307M in revenue. It may require using an SBA loan. Its full time staff of twelve wants to stay on. The furniture, fixtures, equipment, and vehicles are included in the asking price of $2.3M. The rent for the showroom and office space is just $1,600/month and comes with a ten year lease. The seller is willing to discuss staying on in a management capacity beyond a brief transitional support and training period.

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.

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.