Business Category: Building Materials, Hardware, Garden, Home Furniture & Furnishings, Miscellaneous Retail, Miscellaneous Services, and Service Businesses
Location: New York
City/Region: Suffolk County
Listing Price: $1,100,000
Cash Flow: $344,300
Equipment Value: $40,000
Founded in 2006, the Company designs, sells, and installs a wide variety of window covering products including blinds, shades, drapes, shutters, and more. The Company has invested heavily in providing modern home automation solutions. These home automation products are experiencing high demand, which is expected to increase as “smart homes” grow in popularity nationwide. The Company has successfully generated double-digit growth rates during the past two years.
It is well-positioned with high brand value that will continue to generate new business. The Company’s demand was so high in 2017 that ownership reduced marketing spend to focus on managing projects. The Company maintains an established client base, a strong social media following, an enviable cache of 5-star reviews across multiple platforms including Google, Facebook and Yelp, and it boasts a modern, user-friendly website.
The owners are selling to transition to the next generation of leadership and pursue other interests.
Opportunities For Growth:
(1) Continued growth in the residential and commercial communities as the name and brand awareness increases and modernization of homes and offices continues.
(2) Continued growth in home automation: The Company is well-positioned to capitalize on the growing trend in home automation.
(3) Marketing directed toward builders and architects.
(1) Service Offering: The Company is known for the excellent customer service that have led to very high ratings and reviews online.
(2) Established Customer Base: The Company has a strong social media following and a loyal customer base.
(3) Established Franchisor: The Company benefits from the good brand value of the franchisor as well as beneficial support services.
(4) Excellent Location: The Company is located in a fantastic area that will continue to provide strong demand.
Real Estate Available: For lease
Reason For Sale: The current owners want to focus on other interests.
Number of Employees: 8