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Well Established Lighting Business
Location: United States -> Texas -> Parker County
Industry: Retail > Home and Garden Retail




Business Summary

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.

Selling price:$2,870,000.
For more information, please contact Douglas Batts @ 469-877-3684


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,108,284
Cash Flow:   $309,445
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $844,849
Seller Financing:  Yes

About The Business

Year Established:  1999
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Will train for 2 weeks @ $0 cost.
Reason For Selling:  Retirement.

Photos

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Well Established Lighting Business Photo 1




Print Listing Id: 700364128
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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