Asking Price: $2,100,000
Adj EBITDA: $873,000
Revenue: $5,700,000
The trailing 12 month’s revenues to April 30th were 5.7M with 873K in properly adjusted earnings which is a 15% profit margin. 2025’s revenues were 5.56M with adjusted earnings of 739K which is a 13% profit margin. The owner has been making many changes over the last 2 years to increase growth and the profit margin. I have spent many hours with the companies CPA finding the non-operating, one time, and wasted expenses over the last 3 years because the owner has spent years of trial and error to get the right marketing in place, building the company’s 5 star rating and reputation, finding the right employees, and to find and build out the highest traffic, high end showroom with a separate less expensive, very efficient location for the employees’ offices and their inhouse manufacturing/fabrication partner. Examples include paying her monthly mortgage for her 2nd home while paying for a showroom to be built out in it that was never used, a trip to Monaco for a yacht show to try and sell drapes and window coverings to yacht owners(zero yacht sales have been made), several trips/retreats/teambuilding events in 2023 and early 2024 which turned out to be a waste of money, etc. In fact, there are several add backs which were one-time events that I would normally add back that we decided not to add back because this business had so many large ones already.
The owner has implemented many marketing and operational initiatives resulting in the company’s current unique turnkey, “plug and play”, systems. This has been expensive and hard on her and her family, but now that she is happy with how the company is positioned and feels that it is the right time to step away while feeling a sense of accomplishment.
Window coverings and draperies are an investment that increase the value of a home, are often one of the first things noticed by guests and allow a home/business owner to be proud of the quality, taste, and personality that they project. This company has experienced designer salespeople who offer a wide range of custom drapery and window covering options. Their designers listen to their clients, provide recommendations, ensure accurate measurements, and oversee the fabrication and installation. This model ensures a great experience from start to finish.
This business specializes in high end custom window coverings with fabrics, sizes, and styles of all types including wood, vertical, and metal. The shades and shutters include roman, wovens, sheer, cellular, solar, dual, pleated, roller, and motorized options. They also offer a large selection of designer hardware rods and rings. The company presents all of these options through their designer salespeople who offer a free consultation.
The new owner doesn’t need any specific experience but should be relatable, good with both employees and customers, and be able to maintain their reputation. The owner will stay on to train and to continue as a salesperson for the new owner as wanted. She will teach the new owner all aspects of the business.
The buyer will get approximately 60K in current value hard assets made up of equipment/tools/racks/office furniture, and fixtures.
The owner is working only 20 hours a week since she hired a full-time operations manager as of January 1st 2026. She believes that she has the business set up properly for success after years of tinkering with it. This makes this a great time for a new buyer to step in and for her to back out either completely or to be able to stay in some capacity as a salesperson.
Growth Opportunities. The current owner has been focused on positioning the company for growth for years and feels that she finally has the company well positioned for the future. The owner has added new salespeople and has improved their social media presence. The new owner can open small satellite locations in high end cities in partnership with local designers like Sante Fe, Jackson Hole, Aspen, etc. Another idea is online showrooms for industry companies like a design company, architect, etc.
The sales price is 2.1M plus the real estate for 1.025M. She will be keeping her cash and accounts receivables and will pay off all debt including the accounts payables so that the business transfers debt free. It is an LLC filing as an S Corp and will most likely be an asset sale. There are no required licenses or certifications for the State of Colorado other than a sales tax license.
In Summary: The buyer will step into a large turnkey business with substantial upside growth potential. The business has 82% in recurring revenue providing confidence that it will remain stable after the sale. The seller has just completed a very long term and expensive evolution of this business and believes that the business should grow by one million dollars a year for the foreseeable future which is not just about increasing a buyers earnings/take home but just as importantly, it is increasing the value of the company at the same time.
Locations: They have a location that they own and a showroom that they rent both in the Denver Metro area.
Additional Info: The Seller will sign a non-compete. She is willing to teach the new owner everything that they will need to know to be successful and will consider staying on up to 20 hours a week as a salesperson. They have a great reputation for safety, quality, and reliability. They have a great record for safety as proven by their low workman’s comp MOD rate. They have had no regulatory issues, no lawsuits, and no issues with the city, county, or municipality that they are in. They are A+ rated with the Better Business Bureau with no complaints. There are no required specific licenses for the State of Colorado other than a sales tax license. Their vendors will extend credit which will increase over time as they get more comfortable with the new owner. Several of them offer a discount for ACH payments as well.