Business Sales & Acquisitions
Price
$499,000
Location
Hartford County, CT
Industry
Building and Construction
Listing ID
P31124
This is a very reputable, long established custom closet and window blind business with a convenient retail showroom, including build/prep space, in northern Hartford County, CT. They serve the entire state of Connecticut as well as parts of Massachusetts. The business generates revenues marketing its retail location, websites, and through a few in-store arrangement with a big box retailer. The business runs with the owner, a couple of sales and admin employees, two lead installers and one other installer that do all the prep and install work. It is a highly expandable business geographically. They offer a wide array of highly popular custom closets & accessories for all types of commercial and residential spaces, including bedrooms, basements, pantries, laundry rooms, offices, garages, and other spaces, providing organization solutions for customers along with build and install services. They also offer custom window blinds to the same markets. The business has been successful for many years, it has a great reputation to build on. • Gross Revenues: $1,250,000 The seller manages the business, spending about 35 hours a week split between the office and in-homes verifying measurements and order details. He is looking to exit the business and plan for retirement. A new owner has a few options for running the business day to day. It can also be run semi-absentee, or the income can be improved with direct involvement. The business has very good growth potential for an individual owner, and it would also make an excellent home services addition for a general contractor.
• Annual Cash Flow: $ 135,000
• Sell Price: $ 499,000
• Inventory: $ T.B. D. (not including, minimal)
• FF&E: $75,000 (2 vehicles, store displays, office furniture & equipment, tools),
retirement
seller will provide training and support as needed
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Price: $499,000
Location: Hartford County, CT
Industry: Building and Construction
Listing ID: P31124
This is a very reputable, long established custom closet and window blind business with a convenient retail showroom, including build/prep space, in northern Hartford County, CT. They serve the entire state of Connecticut as well as parts of Massachusetts. The business generates revenues marketing its retail location, websites, and through a few in-store arrangement with a big box retailer. The business runs with the owner, a couple of sales and admin employees, two lead installers and one other installer that do all the prep and install work. It is a highly expandable business geographically. They offer a wide array of highly popular custom closets & accessories for all types of commercial and residential spaces, including bedrooms, basements, pantries, laundry rooms, offices, garages, and other spaces, providing organization solutions for customers along with build and install services. They also offer custom window blinds to the same markets. The business has been successful for many years, it has a great reputation to build on. • Gross Revenues: $1,250,000 The seller manages the business, spending about 35 hours a week split between the office and in-homes verifying measurements and order details. He is looking to exit the business and plan for retirement. A new owner has a few options for running the business day to day. It can also be run semi-absentee, or the income can be improved with direct involvement. The business has very good growth potential for an individual owner, and it would also make an excellent home services addition for a general contractor.
• Annual Cash Flow: $ 135,000
• Sell Price: $ 499,000
• Inventory: $ T.B. D. (not including, minimal)
• FF&E: $75,000 (2 vehicles, store displays, office furniture & equipment, tools),
Gross Revenue: $1,250,000
Cash Flow: $135,000
FFE: $75,000 (Included in price)
Reason for Sale: retirement
Training & Support: seller will provide training and support as needed
Year Established: 1992
Days & Hours of Operation: Mon to Fri 9am to 5pm
Owner Hours Per Week: 35-40
Employees: 6
Managers: owner
Lease Option: 5 years + 5 year option
Monthly Rent: 1800
Type of Location: shopping center store front with work space in back.
Square Footage: 2000 approx
"*" indicates required fields
Price
$499,000
Location
Hartford County, CT
Industry
Building and Construction
Listing ID
P31124
This is a very reputable, long established custom closet and window blind business with a convenient retail showroom, including build/prep space, in northern Hartford County, CT. They serve the entire state of Connecticut as well as parts of Massachusetts. The business generates revenues marketing its retail location, websites, and through a few in-store arrangement with a big box retailer. The business runs with the owner, a couple of sales and admin employees, two lead installers and one other installer that do all the prep and install work. It is a highly expandable business geographically.
They offer a wide array of highly popular custom closets & accessories for all types of commercial and residential spaces, including bedrooms, basements, pantries, laundry rooms, offices, garages, and other spaces, providing organization solutions for customers along with build and install services. They also offer custom window blinds to the same markets.
The business has been successful for many years, it has a great reputation to build on.
• Gross Revenues: $1,250,000
• Annual Cash Flow: $ 135,000
• Sell Price: $ 499,000
• Inventory: $ T.B. D. (not including, minimal)
• FF&E: $75,000 (2 vehicles, store displays, office furniture & equipment, tools),
The seller manages the business, spending about 35 hours a week split between the office and in-homes verifying measurements and order details. He is looking to exit the business and plan for retirement. A new owner has a few options for running the business day to day. It can also be run semi-absentee, or the income can be improved with direct involvement. The business has very good growth potential for an individual owner, and it would also make an excellent home services addition for a general contractor.
retirement
seller will provide training and support as needed
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334