Profitable Lighting and Design Company -- Virginia

Not Disclosed, VA

Asking Price: Annual Revenue:
$359,000 $610,465

Services: Professional

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RE: Profitable Lighting and Design Company -- Virginia Broker: Hal Feder

Quick Facts

Asking Price: $359,000
Annual Revenue: $610,465
Net Profit: Not Disclosed
Cash Flow: $133,339
Total Debt: Not Disclosed
FF&E: $254,318
Real Estate: Not Disclosed
Year Established: 2012
Employees: 13
BBN Listing #: 72214955
Broker Reference #: 2007-15045

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Business Overview:

How would you like to own a company that transforms spaces and creates wonderful, magical experiences for its clients through the power of lighting design?

This Virginia-based lighting and production design company services a variety of customer types from wedding receptions, corporate events and private gatherings to custom restaurant and eatery environments. The company works hand-in-hand to create exactly the right event and space personality to suit the client's specific needs -- a completely turn-key service execution from planning, design, execution, to program conclusion with no stress or worry.

The business' competitive differentiation is enabled by executing a core value that places customers first and then delivers on a passion to make a lasting impression by leveraging years of experience in the art of lighting design. They deploy the latest, most advanced technology to design light effects which make meeting spaces more beautiful, impactful and memorable so that the real-time event is special and the photographic images capture lasting memories.

The formula is working with impressive top-line revenue growth of 116% since 2015 to over $600,000 last year with annual operational cash flows of $133,000 on average for the last two years. From the initial planning and design of the lighting, to the installation, to managing the lighting onsite, the dedicated staff work tirelessly to help clients achieve and deliver on the event's vision. They work to illuminate the event, but more importantly, focus on creating the surroundings to illuminate memories.

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Property Features and Assets:

The business is housed in a 3,812 square foot space that includes a customer design studio, management offices, equipment storage and customer parking. The lease is $3,860/month and runs through January 31, 2023. A renewable option is available should the buyer wish to extend beyond 2023. Assets=$245318

Market Competition and Expansion:

The majority of the customer acquisition is centered on networking and referrals/references from a loyal and satisfied customer base. The relationships built through the wedding planning, event planning network, caterers and rental companies is also very important. The web-site and social marketing efforts also serve to inform new prospects of this specialized service offering. The business has become well known and well regarded among its client base. Both its geographic footprint and client base is expanding and it is well positioned for future growth in 2019 and beyond, especially in the wedding segment. The business is currently planning to add staffing in order to fully leverage and capitalize on this growth. The business is an excellent target for individuals in the lighting design field desiring to own their own enterprise and/or for existing lighting and production companies seeking to grow by acquisition into neighboring geographies or client segments.

Reason for Selling:

Other business interests.

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.

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