Attention all Interior Designers

Listing Number: 0101-766240

Description

Here is an amazing opportunity to acquire an award-winning South Florida interior design firm, as recognized on countless covers of some of the country’s most respected design periodicals. Established for over 30 years, this firm is led by a world-class interior designer known for its harmonious blends and beliefs. There is a well tenured and knowledgeable team in place, including a senior designer and project manager. Revenues have returned from a pre Covid-19 environment, in which 2023 is on track to do about $7.5M in sales. The margins are generous, as most jobs are cost plus 35% commission and an occasional design fee, and there’s a strong 2024 pipeline is in place thus far. The seller is preparing to retire and is amenable to staying on for 6 to 12 months to ensure that its relationships are conveyed properly, however an acquirer must be well versed within the design industry and ideally would have its own initial following. This business should qualify for immigration needs and SBA financing for a qualifed purchaser. Note that a Florida Designer license is needed to operate, however the seller may agree to be the initial qualifier.

Listing Details

• Price: $1,890,000
• Down Payment: $210,000
• Sellers Discretionary Earnings: $528,610
• Total Sales: $7,595,695
• Location: Broward County, Florida


• Inventory: $0
• FF&E: $0
• Employees: 7
• Year Established: 1989
• Reason for Selling: Retirement
• Category: Interior Design/Dec