Upscale Philadelphia Interior Design Studio For Sale

Business description

Perfec, tGreat business for artistic, imaginative person who wants to be part of the design scene!! They have been open eight years. The owner has established relationships with all the leading designers on the east coast. They come here and they do not ask "how much?". Location is in the fashion and design area of Center City. The relationships have been established through doing what the customer wants as oulined and planned by the designer, delivering quality and delivering on time.

This is a physical business and the owner has some health issues that have forced him to cut back hours. The numbers are ok but could be improved with quicker turnover, marketing and maintaining the existing relationships.

The seller will stay on for several months (as agreed by buyer and seller) to help transfer key relationships and establish new business direction.

Seller wants the business to thrive but can no longer meet th demands

Property information

Real Estate:

Lease

Lease terms:

annual, should be no problem tranfering lease

Leasehold rent:

$18,600.00 per annum

Location:

City of Philadelphia

Premises details:

Great Storefront, showroom up front, production in the back, loft office, low rent

Other information

Expansion potential:

Much more business could be done through just expanding the hours currently Mon-Fri 9-3. More hours more through put = more profit.

To date only marketing has been word of mouth. More exposure more business

Competition / Market:

properly positioned there is no real competition because designers will stay loyal to the people who have made them look good over the years

Reasons for selling:

Health concerns

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

will consider financing with 80% down, or make offer

Furniture / Fixtures value:

$18,000

Inventory / Stock value:

$20,000