Hotel And Hospitality Industry Interior Renovation Services Company For Sale

Business description

HOTEL AND HOSPITALITY INDUSTRY INTERIOR RENOVATION SERVICES COMPANY, Price $2,200,000: This company is a renovation design, FF&E purchasing, and project management firm currently serving several major hotel chains in the southeast US, offering turnkey design and management services to major hotel chains, hotel property investors, and hotel franchisees. Services include in-house interior design, furniture, fixtures and equipment purchasing, space planning, improvement enhancement design, FF&E installation, and complete interior renovations. The company enjoys opportunities for multiple streams of revenue which makes it unique as hotels go through property improvement programs and rebranding efforts. Excellent staff in place to support transition and future growth. Revenues for 2007 were $5.6 million with an adjusted EBITDA of $558,355. Company is poised for additional growth and anticipates revenues $7 million+ in 2008.

Property information

Location:

2600 sq ft showroom and offices and 5000 sq ft warehouse space

Other information

Support & training:

Owner is willing to work a two week non-compensated transition period.

Reasons for selling:

Owner wishes to semi-retire and move on to new opportunities.

Trading hours:

Mon-Fri, 8:30a-5p

Furniture / Fixtures value:

$271,000 (included in the asking price)