Tim Bullard, President

Tim Bullard, President

"Once you have made the committment to BUY, SELL, or IMPROVE your business with VR, you have access to an unequalled group of expertise, experience and support to insure you successfully meet your goals in a professional, informed way."

Each office is
independently owned
and operated

Our office is owned by

Lakes Business Group, Inc.

W229 N1433 Westwood Drive #106
Waukesha, WI 53186

Office: 262-347-2083
Toll free: 877-447-2083
Fax: 262-347-2090

E-mail Us

Business Listing Detail Information

Listing No.: 4181-1224 Home Furnishings: Home Furnishings
Business Desc: 1224 Furniture & Interior Design Co.

Business Details

Revenues Adjusted Cash Flow Selling Price Down Payment
$1,641,244 $229,783 $191,000 $191,000
General Location: Northeastern Wisconsin

Executive Summary

HAVING A RECORD YEAR!  Earnings are up 185% through the first two quarters of 2018.  Revenue, customer counts and nearly every key measure for this business is rising.  This is a great opportunity at an extremely good value.

Over $1.6M in revenue and over $220,000 is cashflow. The owners want to retire and are willing to sell the business for under a 2 multiple, at $191,000. This does not include the cost of inventory. Excellent opportunity to acquire the area leader. Real estate is listed at appraised value and includes a 3K sq. ft. vacation rental home that adds to the cashflow. Great place for a new owner to stay as they learn the business.
This retail and interior design business was started on a single, important principal: to deliver the absolute best in customer service to every customer they encounter. This steadfast principal, along with excellent product, interior design services and a top notch team have guided them to consistent success over the last 12 years. As the company has expanded their offering, the competition in the area has truly fallen off. The combination of top brands, service and an outstanding customer base has positioned the company as the go to provider in all of Northeastern Wisconsin. A truly turn-key business that is a market leader with strong profitability and growth/expansion opportunities.

 

Contact Information

Contact: Timothy Bullard
Office: VR Business Brokers
Office Phone: (262) 347-2083 or (630) 300-4777
Email: timb@vrbizlakes.com