Well Established Lighting Business

Not Disclosed, TX
Parker County


Asking Price: Annual Revenue:
$2,870,000 $2,108,284

Retail: General Merchandise - Retail


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RE: Well Established Lighting Business Broker: Douglas Batts
Owner Financing is Available!
$2,725,000 down/$145,000 over 36 months @ 6%.

Quick Facts

Asking Price: $2,870,000
Annual Revenue: $2,108,284
Net Profit: Not Disclosed
Cash Flow: $309,445
Total Debt: Not Disclosed
FF&E: $205,144
Real Estate: $1,420,000
Year Established: 1999
Employees: 14
BBN Listing #: 52024955
Broker Reference #: 6008-16463

Email or Print Listing

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Business Overview:

We are pleased to present this mature, profitable, and well managed enterprise. It has boasted a strong track record of profitability, across its diverse fixture and product lines, for more than 20 years now. From its select handcrafted designs, which are made from the finest materials, coupled with its superb customer service, set this company apart from its peers. Its revenue mix is approximately 80% commercial or B2B, and 20% consumer.

This company shrugged off COVID-19 and has demonstrated growth of more than 4% during the pandemic year of 2020 and that growth continues into 2021, as well. YTD 2021 revenues are outpacing those of 2020 by over 13% during the same time frame. This business is well poised for new management as the sellers have decided to retire but are committed to staying on board, under negotiated terms, after closing, to ensure a successful transition to the buyer.

Be sure to ask us about the SBA's (Small Business Administration) Low Interest Stimulus Financing on all business sales that are approved for financing, by 9/30/2021. And the SBA will even make the first three principal and interest payments on such new loans.

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Property Features and Assets:

This business operates out of an attractive retail warehouse and spacious showroom which is valued at approximately $1.42M, which is included in the list price. Assets = $2,264,849.00

Market Competition and Expansion:

From all indications, this business is well positioned against its competitors but it would most certainly benefit from the growth and expansion inputs offered below. The company does little advertising or marketing and relies on word-of-mouth referrals and repeat business to fuel its revenue. Many insightful opportunities for growth are listed in the Open Letter from the sellers. We firmly believe that the addition of an outside sales function should drive increased revenues, and cash flow for the company and should also compliment the strong referral business related revenue. We also believe that this business could leverage several growth opportunities such as an investment in a new website that offers e-commerce/shopping cart type functionality. Another growth vector for the company would be the potential addition of an online presence on Amazon.com which we believe, could drive a large increase in company revenues.

Reason for Selling:

Retirement.

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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