Reputable Residential Lighting Business

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$950,000 $2,200,000

Retail: Home Furniture & Furnishings


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RE: Reputable Residential Lighting Business Broker: Tricia Amen
License #: 2118080
Owner Financing is Available!
750,000 Down

Quick Facts

Asking Price: $950,000
Annual Revenue: $2,200,000
Net Profit: Not Disclosed
Cash Flow: $320,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1946
Employees: 8
BBN Listing #: 371523364
Broker Reference #: 60022

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Business Overview:

This long-standing lighting business in northeast LA County serves residential builders/interior designers (80%) and retail clients (20%) across the county and as far south as Orange Co. For 35 years, the owners have built strong relationships with large custom home builders/designers thereby ensuring loyalty and generating referrals. The business rents a 7,000 square feet facility, showroom and warehouse, and currently has 8 employees that have each been there 10+ years. Staff delivers product and supports the electricians but does not install. No customer concentration, with 30 jobs currently active/contracted, and 40 more jobs in the quoting phase. The owners work ~35 hours per week and are retiring. 3 year averages: gross revenue $2.2M, SDE $320,000. Inventory is included in price, it ranges from $400,000 - $600,000. Email Trish using reply to this ad button.

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Property Features and Assets:

Month to Month.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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