SBA Pre Approved “Illuminating Las Vegas” Business

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$585,000 $987,694

Retail: Home Furniture & Furnishings


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RE: SBA Pre Approved “Illuminating Las Vegas” Business Broker: Larry Goldstein
License #: S.0188852

Quick Facts

Asking Price: $585,000
Annual Revenue: $987,694
Net Profit: $180,422
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $13,542
Real Estate: Not Disclosed
Year Established: 2015
Employees: 5
BBN Listing #: 59215142
Broker Reference #: 101-20484

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Business Overview:

SBA Pre Approved. This upscale retail showroom has an extensive inventory of unique, high quality lighting, lamps and accessories. There is a complete section of chandeliers, ceiling fans, wall fixtures, lamps and accessories available for both commercial and residential lighting needs. $194,000 inventory included in the listing at cost.

The experienced staff can handle the operations for weeks at a time in your absence. Many local and out-of-state customers recognize the name of this business with a 23-year reputation.

Seller will provide support for a smooth transition. Buyers must present proof of funds and will be pre-qualified by seller. Don't wait! CALL NOW! For quickest response to your inquiry, please call listing broker Larry Goldstein (RE# S.0188852; Business Broker Permit# BUSB.0007059).

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This is a leased location of 4,200 square feet with a Total Rent of $7,369.96. Lease ends 06/2022 with a two 3 years lease options. Seller is active in the business with 2 Full Time employees, 2 Part Time employees and 1 Independent Contractor. Hours of operation are 10 AM to 6 PM, Monday - Saturday, 11 AM to 5 PM Sunday. $194,357 in Inventory and $13,542 in FF&E included in Asking Price. $13,065 made in Leasehold Improvements.

Reason for Selling:

Retirement

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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