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Lighting Showroom / Store For Sale
Location: United States -> Colorado -> Boulder
Industry: Retail > Home and Garden Retail




Business Summary

BOULDER COLORADO

Live - Work - Play in Boulder, Colorado #1 rated City in America

17 year, dynamic design lighting showroom/store
Well established, profitable, high volume
Outstanding, recession and Covid19-resistant business
Forward thinkers, lifestyle entrepreneurs - what are you waiting for?


FOR SALE

Asking: $950,000
Cashflow: $165,000 approx
Gross Revenue: $1.3M
FF&E: Included in Asking Price
Inventory: $400,000 (included in Asking Price)
Rent: $5,275 per month
Established: 2003
Facility: Showroom 2,000 sqf; Warehouse 1,750 sqf

This beautiful, contemporary and innovative architectural lighting showroom is strategically placed in Boulder's central industrial location, between the town's two electrical supply businesses.

Loyal customer base – architects, builders, electrical contractors, and designers.
Very strong referral and repeat business - we offer individually-tailored consulting, design and supply of modern and contemporary lighting. Working with some customers on their 3rd homes.
This turnkey business - making a profit from day one - would suit a new or existing business owner, such as an electrician, builder, architect, designer or Entrepreneur looking for a lifestyle change.

It provides the opportunity to easily grow an already successful business by taking it to the next level and/or expanding into online sales.
The founders - a married couple - have built this business from the ground up, successfully navigating the challenges of the 2008-09 recession, and COVID-19 and is now having a record year. With favorable projections for ongoing home improvements over the coming years, this is an ideal time to take over this well established, desirable business, and hit the ground running.

2 full time and 2 part time employees who have been with the company for many years.

Reason for selling: Transitioning to semi-retirement / moving out of Boulder.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,300,000
Cash Flow:   $165,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $400,000
Seller Financing:  No

About The Business

Year Established:  2003
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Sellers support for smooth transition
Reason For Selling:  Transitioning to semi-retirement / moving out of Boulder.

Photos

View Larger Photo(s) Of Business
Lighting Showroom / Store For Sale Photo 1 Lighting Showroom / Store For Sale Photo 2 Lighting Showroom / Store For Sale Photo 3




Print Listing Id: 700355192
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Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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