Pictures are stock images and are not indicative of the actual business.
Purchase Price $280,000
*Annual Cash Flow $123,413
Sunbelt Listing ID: N1846-KB
In business for over 40 years serving consumers, builders and designers this multi generational company sells high quality lamps, chandeliers, ceiling fans, vanity lights, outdoor lights, restored antique lamps and home decor. Services include lamp repair and restoration. Beautiful showroom located in a high traffic area. Owner also works with designers and custom homebuilders throughout Houston and surrounding counties. Selling price of business ($280,000) includes inventory valued at $100,000 at cost. For more details, contact Karyn Bryant today at 281.440.5153.
The low end of the lighting market (Home Depot, Lowes) is very competitive with little value added. This business is in a less competitive segment where advice, unique products, creative solutions and guidance adds value.
Growth / Expansion overview
The business provides a great platform to grow. Relationships with major lighting manufacturing companies allows access to product lines that could expand the business into LED, landscape lighting and security lighting. LED is the fastest growing segment and broadens the lighting market into commercial segments that had previously been stagnant regarding upgrading lighting options. Relationships with designers and builders create a perfect customer base to increase sales and profits. And as a profitable business, you start with a base of products, relationships, company awareness, and cash flow.
Support / Training Comments
Training will be provided to ensure a smooth transition period.
Above references to Down Payment and Financing: An SBA Loan, with as little as $42,000 down payment, could be available to a qualified buyer to purchase this lighting business. For details about how to access a 401k account without tax or penalties for a down payment on a business purchase please complete the contact form on left. The Buyer will review financing options and 401k options directly with bank lenders or service providers who specialize in those services.