This locally owned decorating center has been beautifying homes in the metro for 20 years. Revenues are driven by a nationally recognized paint brand, best in class lines for everything that beautifies an interior from cabinets to carpet, flooring, tile wallpaper and window treatments. This staff can create and finish a project or be the one stop shop for the adventurous DIY crowd, painting contractor or remodeler.
The real estate was custom designed for this specific business and is expected to sell with the listing and has an asking of $599,000. For more information contact Rick Gilmore 205-369-5584
Financial Information
$250,000
Asking Price
$137,733
Cash Flow
$766,517
Gross Revenue
Negotiable
Down Payment
Business Location
City:
Birmingham
State:Alabama
Reason for Sale
The seller plans to pursue strictly commerical new construction
Detailed information
Year Established:2004
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 2
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:4
Adjusted EBITDA:
$79,213
Inventory Included: Yes
Inventory Value:
$69,054
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$599,000
Building Size: 48000
FF&E Included?: Yes
FF&E Value: $46,451
Training/Support
Seller will provide training and transition and ongoing project support after the sale
Facilities
Re values at 599,000, FFE values at 46,460
Market Outlook/Competition
Broker will provide
Real Estate Description
A freestanding building, designed from scratch, specifically to show( and house) home décor product. Inviting showroom in the front 14 ft high ceiling space warehouse in the back with warehouse doors