Lighting Distribution & Maintenance with $5M Sales

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$1,725,000 $5,119,991

Services: Construction, Contractors


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RE: Lighting Distribution & Maintenance with $5M Sales Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,725,000 14% Buyer Down Payment $241,500 16% Seller Financing $276,000 70% Bank Loan $1,207,500

Quick Facts

Asking Price: $1,725,000
Annual Revenue: $5,119,991
Net Profit: Not Disclosed
Cash Flow: $406,940
Total Debt: Not Disclosed
FF&E: $340,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 23
BBN Listing #: 339734398
Broker Reference #: AGE002

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Business Overview:

The owner of this business is absentee; the management team and staff are committed to staying on board post-sale! This full-service lighting provider has mastered design, distribution, installation, maintenance, and repair since 1998. With a 9,600 sq. ft. headquarters in Phoenix, Arizona and one satellite branch, this business continues to meet the needs of over 3,000 active clients nationwide. The majority of customers are in the United States (90%), while 5% of clients are located in Canada and another 5% are in Central America. The staff is well-trained, and many employees have been with the company for 5-20 years. Team members include a sales department, a solid warehouse staff, a knowledgeable management team, and 1099 contractors are hired as needed. The management team is planning to stay on, ensuring continuity of operations.

Working with commercial and industrial businesses is the focus of this company. Large restaurant chains, hotels, multi-family housing projects, universities, and industrial customers are only the beginning of the diverse and impressive client list that results in steady work throughout the year. Providing excellent customer service, they seek to buy and sell products at the lowest price possible. Due to their approach, they can provide products and services for far less than their competition.

At the purchase price of 1,725,000 and a solid management team and staff in place, the transition for a new owner should be incredibly seamless. Expanding electrical services and improving online presence by adding online ordering would certainly lead to revenue growth.

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Property Features and Assets:

Location 1: 9,600 square feet. Location 2: 5,000 square feet. Location 3: storage only.

Market Competition and Expansion:

Growth Opportunities: Expand electrical services, improve online presence and user experience by adding online ordering.

Reason for Selling:

Divestment

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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