Overview
Location: Cape Cod, MA
Primary Category: 2591 – Drapery, Hardware, Window Blinds and Shades
Secondary Category: 5714 – Drapery, Curtain and Upholstery Stores
Your Reference ID: 19868
Financial Information
- Asking: $1,600,000
- Gross: $2,948,932
- Cash Flow: $900,984
- Furniture, Fixtures, & Equipment: $195,000 (Included in Price)
- Inventory: $ 5,000 (Included in Price)
- Real Estate: N/A
Contact Information
- Contact: Adam J. Bradshaw
- Phone: 508-990-9800
- Email: a.bradshaw@nerycorp.com
summary
Description
No. 1 in the northeast region in 2021& 2022.
A national, industry-leading business with a large and fast-growing territory on desirable Cape Cod MA, the business is turn-key and specializes in the design and installation of custom residential and
commercial window treatments. 2021 top-line sales have increased over 65% from 2020 and consistent growth in prior years. YTD 2022 sales exceed 2021 with a deep pipeline of orders to install.
Backed by the largest provider in the industry, this business benefits from strong national brand awareness and promotion, wide product assortment and increased buying power that translates into better product selection, pricing and service to customers in the market. The business has achieved quick and significant growth over recent years in a territory that is one of the largest in the network and is experiencing new demand and success in the premium, luxury segment of the market.
The owner, with past leadership experience in corporate sales and management, combined with a talented staff of designers and installers is able to work remotely several months of the year. YTD 2022 sakes exceeded 2021 with a deep pipeline of orders to install.
general
Information
Facilities:
- The business operates out of multiple locations, each with strategic proximity, resources and capability that provides full support of the entire territory. The main location which is retained under lease with extension options is their warehouse and recently renovated showroom. The remaining locations are a showroom and office support space in prominent, convenient towns within the territory.
Opportunity / Growth:
- A solid business foundation for continued growth in sales revenue and profitability has been built with the key components being an industry-leading national brand and franchise support infrastructure, experienced people and strategic presence in multiple locations within a previously under-served but fast-developing market.
- The opportunity exists for sustained, long-term growth by further building brand awareness in the company’s territory through expanded local sales and marketing initiatives, and by pursuing larger commercial clients and targeting luxury clientele with new product and service offerings that the company previously has not.
- Support / Training: As needed for smooth transition.
- Reason Selling: To pursue other interests.
Contact Us
Coastal M & A
700 Pleasant Street, Suite 330D
New Bedford, MA 02740
contact Us
Office: 508-990-9800
Fax: 508-990-4288
