High Profile Interior Design Studio – Prestigious & Profitable

High Profile Interior Design Studio – Prestigious & Profitable

Price: $685,000

Location: Santa Fe & North Central Region, New Mexico

Industry: Building Trades, Interior Design

Listing ID: N210

This Santa Fe-based interior design firm works with homeowners and businesses to create spaces that nurture, inspire, and enliven. A force in the area’s design/build community for over 20 years, this studio has solidified its position as a top prestige brand. It is currently engaged with 20 projects and increases staff over 2020 to help meet growing demand. Industry analysts project that the remodeling industry is due to experience a 10% surge as the economic recovery strengthens.

The passion to exceed client expectations has earned it numerous awards, national distinctions, and a consistent stream of referrals. Committed to seeing the business thrive into the next chapter, the Seller is offering to stay on up to 18 months after the sale to support new owners.

Set in the Sangres de Cristo Mountains, Santa Fe is New Mexico’s political and creative capital. With a vibrant residential design/build community, it has become a hub for the built environment. Santa Fe is home to numerous museums, fine art galleries, performing art organizations, and internationally recognized art markets. This rich cultural milieu combines with four-season outdoor recreation, and a memorable sense of place to make Santa Fe a top second home and retirement destination for high net-worth individuals.

Listing Details

Revenue: $1,408,411

Cash Flow: $245,346

FFE: $17,392 (Included in Price)

Form of Ownership:

LLC

Reason For Sale:

The Seller will retire from interior design but will continue consulting to out of state interior designers as a business coach.

Training & Support:

The Seller will negotiate a mutually acceptable training and transition phase. As noted above, the Seller is offering to stay on in a senior design capacity up to 18 months. During this time, she will introduce Buyers to key contacts, help transition important relationships, and collaborate with staff and new owners on projects.

Operation

Year Established: 1998

Employees: 3 FT, 2 PT

Location

Lease Option: Yes

Monthly Rent: 5225

Square Footage: 3300

Facilities Information:

This studio operates out of a serene environment that exemplifies the firm’s commitment to creating functional, beautiful spaces. It represents over $100,000 in leasehold improvements and build-out. The office enjoys a prominent, accessible location.

Summary

Competition:

Santa Fe is home to a handful of established interior designers who specialize in this upper tier market. While it can be challenging for a new firm to gain a toehold, these designers have formed a mostly supportive and respectful community. Building upon Santa Fe’s rich legacy and unique vernacular architectural style, they have collectively put Santa Fe on the map as an exemplar destination for the built environment.

Potential Growth:

This studio’s reputation has made it in demand throughout the Southwest region and beyond. Additional growth opportunities can be discussed upon receipt of a Non-Disclosure Agreement and Confidential Buyer Profile

Michael Greene

info@samgoldenberg.com
505-820-0163
Address:
126 E. De Vargas Street, Santa Fe NM 87501

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