Listing Number: 60351-623034
Description
This boutique kitchen and bath design studio and showroom in West Michigan has been a cornerstone of the local community, offering interior design services and high-end cabinetry sales for three decades. The Seller is a dealer for three exclusive custom cabinetry manufacturers and is able to offer clients an array of design solutions based on budget and style preferences. Currently, the business employs a part-time office manager and bookkeeper to oversee administrative tasks. The Seller is the primary interior designer and works with clients from initial concept to project completion. The Seller occasionally contracts with other independent designers, which helps bolster cabinetry sales. The business predominantly caters to clientele seeking bespoke kitchen and bathroom remodels, and has cultivated a strong referral network through long-term relationships with homeowners, architects, and contractors. The showroom is located in a historic and vibrant business community near popular restaurants and other retail shops and benefits from extensive foot traffic and exposure to potential clients. The Seller purchased and rehabilitated the building in 2005, creating an 1800 SF showroom and design studio space with high vaulted ceilings and ample daylight.
Listing Details
- Price: $ 290,000
- Down Payment: $232,000
- Sellers Discretionary Earnings: $ 158,071
- Total Sales: $ 897,627
- Location: Kent County, Michigan
- Inventory: $ 0
- FF&E: $ 50,000
- Employees: 2
- Year Established: 1994
- Reason for Selling: Retirement
- Category: Interior Design/Dec,Retail Miscellaneous
