Turn Key Electrical Supply and Lighting Store

Not Disclosed, UT

Asking Price: Annual Revenue:
$99,000 $329,000

Services: Construction, Contractors

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RE: Turn Key Electrical Supply and Lighting Store Broker: Skyler Ence
Owner Financing is Available!

Quick Facts

Asking Price: $99,000
Annual Revenue: $329,000
Net Profit: Not Disclosed
Cash Flow: $73,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 1
BBN Listing #: 627357058
Broker Reference #: 35715-176393

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Business Overview:

Price Reduction! This business has everything in place to run a successful lighting retail store and electric wholesale business. The owner has developed great relationships with suppliers to allow the new buyer this turn key opportunity. With a beautifully designed retail store in a terrific high traffic location, this business stands out amongst others in the area. The attention to detail and knowledge of the industry have helped them grow their customer base.

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Property Features and Assets:

The owners have been in the electrical and lighting business for years and have used their knowledge to grow their lighting customer base. They have built out a beautiful facility Approx. 3000 Square ft of showroom and another 1,000 square feet of warehouse. They open Monday - Friday from 9-5 PM. The existing owner is ready to pass on the work they have put in to the new buyer and let them take this business to new heights. They provide lighting, home automation devices and setup, electrical supplies and much more.

Market Competition and Expansion:

With the connections they have made with their specific suppliers they are able to offer an array of lighting options to fit almost any customers wants and tastes. With their customer service oriented approach they stand apart from other stores in the area. There are other competitors in the industry, but the owners have focused their efforts on setting a higher standard for service and support. Potential Growth: Currently the company sales have been driven by the owner whose time is limited by other businesses that he is also running. A new owner with more time for sales could get out an make connections with builders, electricians, and retail customers in the area. Focusing the companies energy on its target market would allow for more exposure to those that are most likely to be customers.

Reason for Selling:

Other business interests.

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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