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Well Established Lighting Business

Well Established Lighting Business
  • Status : Active
  • Relocatable : Yes
  • State/Province: Texas
  • Listed Price : $2,870,000
  • Listing ID : 16463
  • Down Payment : $2,725,000
  • Discretionary Earnings : $309,445
  • Total Sales : $2,108,284
View Details Business Description :

We are pleased to present this mature, profitable, and well managed enterprise. It has boasted a strong track record of profitability, across its diverse fixture and product lines, for more than 20 years now. From its select handcrafted designs, which are made from the finest materials, coupled with its superb customer service, set this company apart from its peers. Its revenue mix is approximately 80% commercial or B2B, and 20% consumer.

This company shrugged off COVID-19 and has demonstrated growth of more than 4% during the pandemic year of 2020 and that growth continues into 2021, as well. YTD 2021 revenues are outpacing those of 2020 by over 13% during the same time frame. This business is well poised for new management as the sellers have decided to retire but are committed to staying on board, under negotiated terms, after closing, to ensure a successful transition to the buyer.

Be sure to ask us about the SBA's (Small Business Administration) Low Interest Stimulus Financing on all business sales that are approved for financing, by 9/30/2021. And the SBA will even make the first three principal and interest payments on such new loans.          

Category :

Hardware Ret Related / Lighting Store Retail