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Asking Price$398,000
Revenue$624,437 Established1998
Cash Flow$80,090 Employees1 part-time
FF&E$208,135* FranchiseYes
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
This Farmington-based business is backed by Budget Blinds,North America’s #1 provider of window coverings. New owners will take over an established business that serves a broad swathe of Northwestern New Mexico and Northeastern Arizona. In its 20-plus years of continuous operation, this business has gone through two changes in ownership. Repeat clients, including apartment complexes, interior designers, property management companies, local schools and San Juan college, represent approximately 50 percent of its annual revenue. It is rated in the top 10 percent among all Budget Blinds franchises for motorized sales.
Competition:Professional, punctual and trustworthy, Budget Blinds of Farmington has invested 20 years in honing its reputation as the neighborhood design expert. Today, it is one of the most successful window coverings businesses in Northwestern New Mexico. Backed by North America’s #1 provider of window coverings, they leverage corporate’s buying clout to make good on its promise of “style and service for every budget,” delivering the right solution for their customer’s home or business environment.
Growth Potential:There is strong opportunity to grow this business through strengthening its marketing to its entire service area. The recent acquisition of a GSA number now allows the business to more pursue projects with local, state, federal and tribal governmental agencies.
Training/Support:Seller is committed to a smooth transition. New owner can expect extensive training and support from franchise.
Seller Financing:Seller will cover cost of transfer fee.
Sale Reason:Retirement
Ad #108799
Seller Reference #SANTAFE001-N190
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Michael Greene
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