Distribution / Dist-Lighting Products; Sales & Marketing
This is a business that sells all types of light bulbs to business owners and commercial property owners in a city of 150,000. The business was started in 2000. It is business to business sales. There are over 3000 businesses in this South Dakota city of 150,000. This business has the rights to sell Halco, Sylvania, Philco and GE bulbs and Fulham Ballasts. The owner has all types of bulbs from specialty fluorescents to HID, including mercury vapor, metal halide and high pressure sodium bulbs and incandescents of all sizes. If he doesn't have it in inventory he can have it on hand within days. This business was sold in June of 2011. The previous owner started the business in 2000 and ran it til he sold in in June of 2011. The current owner was intending to run this business til he was ready to retire. However, the current owners Mother has gotten very sick and he needs to attend to her and so must sell the business. 2012 is the first full year the current owner has had this business and gross sales dollars are projected to be $339,000 compared to the last full year (2010) of the previous owner, when gross sales dollars were $141,459. The current owner has thoroughly enjoyed this business and attributes all of the gains to simply calling on new customers, asking for their business, delivering the bulbs and taking good care of each customer, whether new or established. There is still tremendous potential is this market.