Business Category: Home Furniture & Furnishings and Miscellaneous Retail
Location: Michigan
City/Region: Grand Rapids
Listing Price: $399,000
Revenue: $1,031,875
Cash Flow: $153,745
This is an 80+ year established, family-owned custom window treatment store located in West Michigan. The Company designs, sells, and installs a wide variety of window covering products including blinds, shades, drapes, shutters, and more. The Company provides its clients with everything from standard operating options to the latest in power and automation technology. These home automation products are experiencing high demand, which is expected to increase as “smart homes” grow in popularity nationwide.
With a network of independent designers providing referrals and a top quality brand offering, the Company is well-positioned for continued success.
The owner is looking to sell the business in order to retire. Ownership is willing to provide reasonable and customary transition assistance.
*Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to waive all guaranty fees and pay up to the first 3 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don’t wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out.
Opportunities For Growth:
(1) West Michigan Area Growth
(2) Growth in Home Power & Automation Products
(3) Network of Independent Designers that Provide Referrals
Investment Highlights:
(1) Well-Established Family Business
(2) Profitable & Growing Company
(3) Top Quality Brand Dealer
(4) Strong Customer Base
(5) Impressive Online Presence
Real Estate Available: Leased
Reason For Sale: Retirement
Number of Employees: 3