The Company specializes in the import and distribution of lighting parts and related electrical supplies for original manufacturing and replacement. The Company has historically been highly profitable and could be substantially expanded without sacrificing margins. Revenue and recast earnings have been affected in recent years by the economy, owner’s ill health and a lack of marketing effort, i.e. no salespeople, sales reps, or website. The customer base is comprised of manufacturers of lamps and lighting fixtures, distributors, retailers, repairers and industrial end users. It relies on repeat business, catalog mailings, and referrals. The Owner believes that the Company’s stellar reputation, extensive product line, and the foundation that is in place provide an excellent springboard for future growth.
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Market Competition and Expansion:
Lack of website and sales/marketing effort provides significant growth opportunity.
Reason for Selling:
Owner seeking retirement
- 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.