Premiere Window Treatments, $1M profit, Virtually Owner Absentee
Asking Price: $3,500,000
Cash Flow: $969,000
Gross Revenue: $2,300,000
Steady Residential Service, Commercial Contracts, High Growth
Awarded a premium designation from the manufacturer (the Mercedes of blinds and window treatments), this dealer is one of the very few (in the nation) to feature the manufacturer’s most exclusive lines, enabling them to also offer special collections priced lower than any of the other fabrics within the manufacturer’s other dealer lines. Customers also enjoy a wider selection in both fabrics and colors than what other dealers can offer.
Virtually Owner Absentee: The owner estimates his time on site to be less than 5 hours per week!
Employees: Five (other) full time employees: two installers, two sales people and a sales assistant work with customers to choose the perfect combination that best fits their needs. Trained by the manufacturer, staff has extensive knowledge of all the company’s premium products.
Renowned for customer service the dealer is widely known for expert installation and follow up. Testimonials on the website echo consistent accolades.
Store Lease: For the neighborhood, the existing lease is an incredible value ($2,300/month) which does not have to be renewed until late 2024. 2,500 sf warehouse space is $2,916 a month (total monthly rent $5,216).
Why sell? The owner’s interests in commercial and industrial real estate have grown, and the retail store and install service no longer suit the business model.
This listing was added 02/01/2022