Wholesale/retail B2Bcommercial lighting specialist

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$250,000 $404,000

Wholesale/Distribution: Durable Goods


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RE: Wholesale/retail B2Bcommercial lighting specialist Broker: Matt Wochele
License #: 178746
Owner Financing is Available!
25%

Quick Facts

Asking Price: $250,000
Annual Revenue: $404,000
Net Profit: $135,000
Cash Flow: $135,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 1
BBN Listing #: 353230182
Broker Reference #: 041220191

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Business Overview:

Established in 1994. This business is a blend of wholesale, retail and service predominantly working with contractors, designers and businesses. They have recently established a website to handle online sales. The founder of the business retired 2 years ago. The current operator has been with the business 10 years and would stay on if the new owner desired. The discretionary income for a new owner based on the 2018 tax return is in the $135,000 range. This is prior to hiring an assistant or keeping the current operator. We are asking $250,000 for the business which includes about $15,000 in inventory.

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Property Features and Assets:

Established in 1994. This business is a blend of wholesale, retail and service predominantly working with contractors, designers and businesses. They have recently established a website to handle online sales. The founder of the business retired 2 years ago. The current operator has been with the business 10 years and would stay on if the new owner desired. The discretionary income for a new owner based on the 2018 tax return is in the $135,000 range. This is prior to hiring an assistant or keeping the current operator. We are asking $250,000 for the business which includes about $15,000 in inventory.

Market Competition and Expansion:

Established in 1994. This business is a blend of wholesale, retail and service predominantly working with contractors, designers and businesses. They have recently established a website to handle online sales. The founder of the business retired 2 years ago. The current operator has been with the business 10 years and would stay on if the new owner desired. The discretionary income for a new owner based on the 2018 tax return is in the $135,000 range. This is prior to hiring an assistant or keeping the current operator. We are asking $250,000 for the business which includes about $15,000 in inventory.

Reason for Selling:

Owner retired.

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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