Lighting Showroom / Store For Sale

www.GlobalBX.com

Listing ID: 700355192

Listing Title: Lighting Showroom / Store For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=355192

Industry: Retail

Industry Segment: Home and Garden Retail

Country: United States

State / Province: Colorado

Area

City: Boulder

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,300,000

Cash Flow: $165,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2003

Number of Employees: 1 - 3

Business Description:
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.



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