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Business For Sale

Lighting Showroom

Hilo, HI, USA

Retail: Non-classifiable

Asking Price:
Year Established:
Employees:
Listing Number:
$625,000
1984
Not Disclosed
23737878
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$861,000
Not Disclosed
$165,000
Not Disclosed

Business for Sale Overview:

This niche retail business is no stranger to long term success. 24 years in the making with a sustainable competitive service based advantage, this business has unique advantages that few others boast that poise this business to flourish well into the future. The growing success of this business has been rooted in the professional service based approach in both the design and educational aspects of the application of their product offering. Many speculated that Big Box competitors would have a negative impact on this business. However, sales grew every year that one opened on the Big Island, i.e. a Lowe’s and 2 Home Depots. The driving factor behind this being that this business appeals to a niche market that demand a level of customer service and competence that no Big Box competitor can offer, and that this business offers at a level that leaves little room for disappointment. Furthermore, they do not demand a significantly higher sales price, as most specialty retailers do. This is critical to their success in a business environment such as Hilo. No industry specific experience is required. Retail experience or some level of understanding of customer service, sales, and inventory management are needed. However, just as the current owner did, you can become a professional in this niche. The Seller is offering a suitable training period and will remain on as the landlord, thus retaining a vested interest in the continued success of the new owner. In addition, this business is poised for significant SBA financing. Though this is a destination business, the location is impeccable, boasting ample parking, highway frontage, aesthetic appearance inside and out, and the scenic Hilo Bay only a stone’s throw away. So if you desire to enjoy a higher quality of life through owning a sustainable business netting consistently over $150K and living in a place positive for families, where you can spend less time in the car and more time in the beautiful paradise of the rural, resort, university town of Hilo, Hawaii then this may be the perfect opportunity for you! *Price includes $175,000 in inventory. **No Licenses Required This business boasts a beautiful, highly sustainable business model; its success rooted in their professional service based approach that cannot be matched by any Big Box competitor. No industry specific experience is required. Retail experience/understanding of customer service, sales, and inventory management are needed. The location boasts ample parking, highway frontage, aesthetic appearance inside and out, and the scenic Hilo Bay only a stone’s throw away. An ample training period, Seller remaining on as landlord, thus retaining a vested interest, and a good prospect for SBA financing are other advantages to this business. If you desire to enjoy a higher quality of life through owning a sustainable business netting consistently over $150K and living in a place positive for families, where you can spend less time in the car and more time in the beautiful paradise of the rural, resort university town of Hilo, Hawaii then this may be the perfect opportunity for you!

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Lighting Showroom
Business Listed By:
Josh Mason
VR Business Brokers - HI
contact the seller
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