Business For Sale

Commercial Lighting Implementation

Columbus, OH
Franklin County


Asking Price: Annual Revenue:
$1,480,000 $2,165,019

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Commercial Lighting Implementation Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,480,000 15% Buyer Down Payment: $222,000 15% Seller Financing: $222,000 70% Bank Loan: $1,036,000 A 15% down payment of $222,000 returns $166,447 in the first year after debt payments!

Quick Facts

Asking Price: $1,480,000
Annual Revenue: $2,165,019
Net Profit: Not Disclosed
Cash Flow: $379,486
Total Debt: Not Disclosed
FF&E: $375,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 11
BBN Listing #: 958434398
Broker Reference #: CON050

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Business Overview:

Lighting distribution, retrofitting, and design are top services for this growing lighting company. Working with commercial, industrial, and manufacturing clients, this business brings quality customer service and effective lighting solutions to the forefront. There is plenty of space to be utilized here – one location has 5,500 sq. ft. and the second has 11,000 sq. ft. The company is also fully staffed with 11 employees. There are 2 office managers, an office administrator, 6 total sales people, and 2 delivery drivers.

With a specialization in retrofitting old fixtures with new, energy efficient illumination, this company helps its customers reduce expenses, improve brightness, and decrease energy use. This company can also guide a customer through their many options and help layout and design lighting systems that best address a customer’s needs. Operating as an ESCO business, this company is well-positioned to work with green customers looking to be mindful of their energy use.

This lighting company maintains two business locations, each with plenty of private offices and ample warehouse space. This company could be condensed, if desired, to reduce expenses. The merger would reduce the overhead significantly, yet a buyer could easily maintain sales staff in the area without a physical location. Solid management is in place, employees are well-trained, and many have good tenure with this company.

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Property Features and Assets:

Location 1: 5,500 square feet with 1,500 square feet office space, remaining is warehouse (rack and open); Location 2: 11,000 square feet with 1,500 square feet office space, remaining is warehouse (rack and open).

Market Competition and Expansion:

Growth Opportunities: Increase online sales and interface, bring labor in-house, increase small clients.

Reason for Selling:

Divestment

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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