The subject of sale is a 100% share in an established company, focused on the design of complete interiors and parts of interiors of apartments and houses. The company has been operating on the market for more than 20 years and during this time has become one of the leading companies in its field.
The company’s services include comprehensive solutions for interiors and parts of interiors, from planning and graphic design through installation documentation to assembly. The company also provides deliveries, especially built-in household appliances. In addition, the company installs all furnishings and then hands over the premises for use. The company also provides consultations for its customers through its sales team, which includes experienced designers.
The company’s target clientele are mainly individuals and investors who buy new buildings and houses, or investors who carry out renovations of apartments or houses. Developers account for approximately 5% of completed business cases. The company’s broad customer base is a great added value, with an above-average proportion of returning customers. New customers come mainly on the basis of references and recommendations from thousands of satisfied clients, through a website and advertising campaigns on social networks or search engines.
The company operates an established showroom, located in a very exposed location in a modern air-conditioned building. The showroom has been in operation for more than 20 years and during this time has gained a firm place in the customer’s awareness. Current exhibitions are regularly changed on an area of 400 m². The company has a long-term lease on the showroom premises and also has a pre-emptive right to purchase these premises.
The company’s economy has been growing continuously, with the increase in the years 2021 to 2023 being mainly due to the year-on-year increase in the total value of orders, which was reflected in increased sales with relatively stable fixed costs. However, there was a slight stagnation in orders during 2023, mainly due to macroeconomic reasons. However, a gradual return to the original level of orders is expected in connection with the recovery of the real estate market and increasing sales of new apartments. If the current trend continues, an increase in the number of customer orders is expected at the beginning of next year. Macroeconomic changes are reflected in the value of new orders with a delay of approximately six months.
The owner holds the role of the company’s executive director and is dedicated to managing the company part-time, while he is not directly involved in the daily operations. However, he is willing to remain available to the new owner after the sale for the period necessary for a smooth transition and transfer of the company’s know-how. The reason for the sale is the owner’s advanced age.
The company is suitable for a development company that might be interested in providing interior design and implementation on its own. The purchase may also be attractive for an individual investor from Prague or the surrounding area who wants to start their own business without having to start from scratch. A suitable investor could also be, for example, a company engaged in apartment renovations or an investment company/financial investor who would bring their own manager to the company and use its potential for further growth.
Tangible assets
The market value of tangible assets is estimated at 3.0 – 3.5 million CZK. CZK. Intangible assets
RentalsInterior studio located in a business zone
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EmployeesNumber of employees: 7x
Debt
Total annual revenues
Operating normalized EBITDA
Note: Operating normalized EBITDA was calculated as operating profit, adjusted for sales of DHM and adjusted for depreciation. Other information
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