Listing ID: 82812
Strong national franchise provides designer window coverings for residential and commercial uses. The business for sale serves the greater St. Louis area. A wide range of customized window coverings and brands (some exclusive) are offered through relationships with high-quality vendors.
- Asking Price: $1,075,000
- Cash Flow: $410,000
- Gross Revenue: $1,700,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2013
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Conveniently located showroom for samples. Most consultations take place at clients' homes.
Franchisor provides thorough product and business training. Ownership will provide additional training as needed and vendor introductions.
•Broad product selection and quality offered for residential, commercial, interior, and exterior use. •Robust corporate training and support provided for franchisees. •National and local marketing and guidance generates leads and brand recognition. •Industry offers high margins and cash flow with low overhead. •Window coverings are a necessity not dependent on economic cycles. Sales have risen as more people work from home, boosting home improvement and new home investments.
-Plenty of untapped opportunity in the commercial market -Broad area for exceptional growth. -Implement programs such as referral rewards to increase word-of-mouth marketing. -Increase marketing in areas with less market saturation that have a significant amount of new construction. -Focus on building relationships with realtors, home builders, and interior designers.
This Business Is An Established Franchise
The business was started in 2013, making the business 9 years old.
The business has 6 employees and resides in a building with estimated square footage of N/A sq ft.
The property is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons people decide to sell operating businesses. Nonetheless, the true factor and the one they tell you may be 2 absolutely different things. As an example, they might claim "I have way too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be justifications to attempt to hide the reality of transforming demographics, increased competition, current reduction in earnings, or a range of other reasons. This is why it is very crucial that you not rely totally on a vendor's word, however rather, use the seller's response combined with your general due diligence. This will repaint an extra reasonable picture of the business's current situation.
Existing Debts and Future Obligations
If the current company 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 items like supplies, payroll, accounts payable, and so on. Keep in mind that sometimes this can imply that revenue margins are too small. Numerous organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be met or may result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract brand-new customers? Often times, operating businesses have repeat consumers, which create the core of their everyday revenues. Certain aspects such as new competition sprouting up around the area, roadway building and construction, and staff turn over can influence repeat customers and adversely influence future earnings. One vital thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business on a regular basis, the higher the possibility to develop a returning customer base. A final thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Exactly how might the local average household earnings influence future revenue prospects?