Business for Sale

Interior Design Service Company For Sale

usiness
n/a Vancouver Lower Mainland/Southwest Greater Vancouver
Service
$800,000.00
 

BUSINESS DESCRIPTION

This business provides design services to the luxury segment of the home renovation market by offering high-end products and custom millwork. They deal directly with the general public and also collaborate with architects, designers and developers to create beautifully designed homes. The company represents some of the best luxury brands in the world and has been working with some of them for over 20 years and is the exclusive distributor for the Provinces of BC and Alberta and also the State of Washington. It has a very loyal relationship developed over many years.

Their product line includes complete custom millwork (for kitchens, bathrooms, closets, dining rooms, living rooms), interior and exterior furniture, interior doors (glass and wood), and also lights & accessories. The company mainly uses a new generation of finishes such as porcelain, glass and aluminum. They also provide finishes (for interior elements, wall panelling and doors) from solid wood or veneered in a variety of different wood species. The large majority of work is focused on kitchen cabinets and countertops (responsible for 70% of revenues last year).

PROPERTY INFORMATION

The retail showroom and warehouse are on one level totalling 4,000 sq. ft. The facility is on its second 5 year term lease and their is an option to extend the term further. The base monthly rent is $ 12,900.

GROWTH AND EXPANSION OPPORTUNITIES

The current owner believes that the business could grow by increasing the sales staff and by focusing on the company’s strength – which is the high-end market for home and condo refurbishment. Based on current projects the company is working on this segment of the market which continues to show strength and with no indication of slowing down. By taking the business to the next level, the owner believes, sales could reach $8-10 Million per year.



 
 
 
 
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