Business Overview

Revenue for 2022 is up 41% over 2021, and that is after revenue and profit grew 24% in 2021! This is a very established, well run, and profitable business that sells and installs window treatments (shades, custom and ready made blinds, shutters, custom drapery) for commercial and residential customers. In addition, it sells gas logs, outdoor screens both manual and electronic.
This is a $20 billion industry and growing – as home construction and remodels continue to boom!

The company has been in business for over 30 years, with consistency in management and a customer base that now consists of multiple generations. The business operated continuously during the Covid pandemic and has grown revenue and profits each of the last 3 years. Revenue in 2021 grew over 24%, while profits grew by over 40%!

Excellent relationships with suppliers, a stable staff and convenient store hours of 9:00 am to 5:00 pm Monday through Friday make this an excellent business acquisition opportunity! The business is housed in a nice large retail facility that has room to add new product lines. Assignable, multi year lease in place!

Grayson County is a very fast-growing area north of Dallas, TX. Sherman provides the small-town lifestyle with the big city conveniences, as the Dallas metro area continues to expand its northern boundaries. Future growth of the business will continue to be driven by a robust housing market, particularly on high end homes, and spiking demand on the commercial side.

The sellers will provide transitional support, and the onsite owner is open to remaining on a part-time flexible schedule to do in home sales.

This is a great opportunity for the right individual/couple. For more information contact llane@vrdallas.com or call 214-733-8282.

Revenue $726K
Earnings $151K
Assets $40K
Asking Price $440K

Financial

  • Asking Price: $440,000
  • Cash Flow: $151,000
  • Gross Revenue: $726,000
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $1,000
  • Inventory Included: Yes
  • Established: 1988

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:5,400
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Nice retail showroom on heavy traffic street

Is Support & Training Included:

Seller will assist with transition and may be interested in continued position

Purpose For Selling:

Nearing retirement

Opportunities and Growth:

Grayson county is exploding in growthy

Additional Info

The company was established in 1988, making the business 34 years old.
The transaction will include inventory valued at $1,000, which is included in the asking price.

The company has 3 employees and resides in a building with estimated square footage of 5,400 sq ft.
The building is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell companies. Nonetheless, the genuine factor vs the one they say to you may be 2 completely different things. For instance, they may state "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may just be reasons to attempt to hide the reality of transforming demographics, increased competitors, recent reduction in profits, or a range of various other reasons. This is why it is extremely crucial that you not rely completely on a vendor's word, yet instead, use the seller's answer together with your total due diligence. This will paint an extra reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses borrow money with the purpose of covering things such as stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can mean that profit margins are too thin. Numerous businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be satisfied or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area bring in new customers? Often times, operating businesses have repeat clients, which form the core of their everyday earnings. Particular variables such as new competitors growing up around the area, roadway building, and employee turnover can impact repeat consumers and also adversely affect future profits. One important point to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business often, the higher the opportunity to construct a returning consumer base. A final thought is the general location demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Just how might the local median household earnings influence future earnings prospects?