Focused almost exclusively on Christmas holiday designs, products, and installations, this business has been decorating Denver area homes and businesses for family gatherings and Christmas parties for twenty years. As a seasonal business, this exciting opportunity will allow the right buyer to enjoy a lighter workload for about half of the year.
Standard services include the design, custom building and installation of custom-made Christmas decorations in homes and businesses. Clients book over a year in advance!
The business also has two retail outlets. There is a showroom, design studio and physical store consisting of 2,600 square feet and there is also a comprehensive on-line ordering capability.
From 2019 to 2022, sales averaged $187,000 per year but if the Covid-impacted 2020 results are excluded, annual revenue was $30,000 higher at $217,000. Similarly, Sellers Discretionary Earnings (SDE) averaged $31,000 per year (excluding 2020). Annual gross margins are attractive at around 70% and this is driven by excellent and hard-to- secure relationships with key wholesale vendors in the industry.
This is a 100% turnkey business, with a four-month peak season and then a relatively leisurely eight months to possibly focus on other endeavors. The Asking Price of $285,000 includes tangible fixed assets currently valued at about $19,000 and inventory of $214,368. For qualified buyers, seller financing will be considered on a case-by-case basis, solely at the discretion of the seller.
Financial Information
$250,000
Asking Price
$11,700
Cash Flow
$187,000
Gross Revenue
N/A
Down Payment
Yes
Financing
Business Location
City:
Confidential
State:Colorado
Reason for Sale
Seller is retiring
Detailed information
Year Established:2003
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 3
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
$214,368
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2625
FF&E Included?: Yes
FF&E Value: $19,000
Training/Support
Length and depth of transition and training period will be agreed by the buyer and seller and will be partially determined by the date of closing: if the business is sold in the lead up to the busy season, the seller is committed to making the transition successful by providing an appropriate level of support
Facilities
2,625 square foot facility which includes the studio where work and product design are done and a warehouse for storage of all inventory.
There is also an additional 1,000 square foot offsite climate-controlled storage facility.
Market Outlook/Competition
Opportunities to expand this business could include relocating the business to an affluent neighborhood in Denver and introducing a higher visibility studio and retail outlet. Pursuing additional commercial accounts could also be considered.
The seller believes there are no other businesses in the greater Denver area providing similar "Christmas Set Up" services although there may be a few interior designers who do this for one or two of their clients on an ad-hoc basis each year.
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