Hawaii Window Treatments Retail & Installation
with Real Estate (why pay rent?)
Owner retiring! Rare opportunity to own an established (31 years), well-known, highly regarded, and profitable full-service window treatments dealer.
They offer a wide selection of window treatments including draperies, shutters, shades and blinds for residential, rental property and commercial customers. Their experienced and knowledgeable staff helps customers select the perfect window treatment or fabric for furniture in their home, business or rental property. Offering a large selection of top national brands and professional installation, they help customers select the best window treatments for their needs; whether for privacy, blocking the sun, or adding that perfect touch of elegance to any room.
The Hawaii home construction and remodeling market is very robust. The Business has had an excellent track record of growing sales and profits through its website and online presence and as a preferred and recommended supplier to the Hawaii market. Since 2010 their sales revenue has jumped from $392,700 to over $744,000 in 2018. They are very profitable: gross profit margins of 63% and SDE margins of 38%.
Since they require customers to pay a 50% to 75% deposit with their order, the business requires almost no net working capital investment. Tax returns are prepared by their CPA and they have clean books with very few add-backs.
Unlike many businesses in Hawaii, the Company owns the building that the Business operates in. The owners are willing to either:
Option 1. Sell the Business for an attractive price of only $695,000 and lease the Real Estate to the buyer for 5 years at $2,043 NNN per month plus CAM and tax, including an option to purchase the Real Estate.
Option 2. Sell both the Business and the Real Estate at a combined price of $1,145,000.
The 2018 owner’s profit (SDE) for the Business and the Real Estate was $307,101. For a Buyer who leases the SDE, after payment of lease rent, SDE would be $281,073.
To make a transaction even more affordable it has been pre-approved by Diamond Financial for an SBA loan for a qualified buyer.
This Business provides more than enough cash for an owner to really live Hawaii’s good life.
Listing ID: Window - T
Location: Hawaii (Island Confidential)
Type of Entity: Corporation
Year Established: 29
Gross Revenue: $722,376
SDE: $281,073, at market-based rent
SDE for Buyer of real estate: $307,101
Total Asking Price:
Business Only $695,000
Business & Real Estate: $1,145,000
Included Inventory: $1,000
Tangible Assets: $45,000
Non-Compete: 5 years
Training: 2 weeks; 30 hrs./wk.
Sale Reason: Retirement
Owned; Low operating cost Commercial Condo; conveniently located; 1,480 square feet. Attractive commercial condo which contains both a retail showroom and workshop. It is located close to customers and has excellent free parking.
Top Reasons to Buy This Business
Over many years they have developed a well-regarded and preferred brand name and their excellent reputation for high quality and service drive lots of referral-based sales revenue
Represent top national brands
Excellent sales revenue growth, almost double since 2010
High Profit Margins: over the last 5 years Gross Profit Margin averaged 63% and SDE averaged 38%
Easy to operate - no employees other than the owners; all staff are independent contractors
This offer includes real estate; build equity instead of paying rent to fund your retirement in Hawaii
Purchasing both the business and its associated real estate should allow a qualified buyer to obtain an attractive business and real estate acquisition bank loan.
We have a detailed Confidential Business Profile, with all financial information based on tax returns and complete business information, for your review.
Contact Tom at HawaiiBusinessSales@gmail.com for an NDA.