Established Profitable Day Lighting Contractor

Beaverton, OR
Washington County


Asking Price: Annual Revenue:
$240,000 $600,586

Services: Construction, Contractors


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RE: Established Profitable Day Lighting Contractor Broker: Michael Morrissey
Owner Financing is Available!
$59,250.00

Quick Facts

Asking Price: $240,000
Annual Revenue: $600,586
Net Profit: Not Disclosed
Cash Flow: $94,553
Total Debt: Not Disclosed
FF&E: $134,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: Not Disclosed
BBN Listing #: 372652348
Broker Reference #: 59071-420512

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Business Overview:

This owner operated business has been the regional leader in Tubular Daylighting Devices (designated by TDD’s) with inventors brand name “Solatube” lighting and air flow products since 2004. They have grown to service a large regional geographic area from Chehalis Washington to Corvallis area. This profitable business is a seller and installer of top of the line products and owns premier distribution rights in the area. With 2 locations in Beaverton and Salem, this business has the range to easily cover its service area. Highly trained staff and installers can do several jobs in a day and customers absolutely love the finished product. With glowing online reviews and raving fans as customers, word of mouth has been a key factor in this business’s consistent profitability and growth.

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Property Features and Assets:

The business was originally established in 1996 and purchased by the current owners in 2004 who experienced almost triple growth in their first year. After a few years they added their Beaverton location. The business has seen the product awareness and demand continue to grow and grow. The volume of work per job has also increased from routine jobs that required only one light installed to now 4 to 5 installations and up.

Market Competition and Expansion:

This business has a non-exclusive dealer agreement for the Portland and Salem areas. It consistently ranks as a Top 20 dealer. Thanks to its engineering and design, quality of products is superior to its market competitors. Lower quality products are sold and installed by other stores and contractors, but many eventually upgrade to this businesses’ line of products because its superior quality and design makes a big difference when lighting a space. Potential Growth: The potential to have this be a 1.4 million dollar company is very real by the demographics and now with people working from home this year old statistic is out of date. With a booming housing market becoming more and more saturated by younger more environmentally conscious home buyers and an opportunity to expand in the commercial market, this business is primed for continual growth. What is needed to double this business income in the next year or two is to have a new owner who can take time to increase Social media campaigns, digital marketing, participation with local remodeling contractors and new home builders as well as keeping in contact with the past customers and a secondary focus on retirement “villages”. Current owners will be on call with training advice to add to installation crew.

Reason for Selling:

Retiring

Additional Details:

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

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