Retail Lighting Supply & Design Business, Two Locations & Growing!
Price
$275,000
Location
New Haven County, CT
Industry
Retail
Listing ID
P103023
In addition to supplying all kinds of lighting fixtures and accessories from a multitude of manufacturers, the business offers expert lighting design services to assist customers with building or remodeling projects, with replacing or upgrading existing fixtures, planning landscape lighting, and more. The business is also a resource for interior designers, architects, and contractors, helping them focus on their clients' lighting needs and adding value to their services. The showroom is established for 3+ years and has a strong growth potential built on a high level of professional service and networking with industry professionals in construction, design, and real estate. The owner runs the business day to day with full and part time support staff. Seller will stay on short or longer term to help manage the business for a new owner in a capacity that meets a new owner's needs.
Business is for sale at listed price of $275,000, including FF&E but plus Inventory of $300,000. Total $575,000. Bank financing needed. Depending on deal structure and offer, some terms maybe possible
While seeing strong growth and success over the past 3 years, owner does not have the energy to move the business to the next
Seller will stay on after the sale to help a buyer manage the company as needed and to transfer lighting and design knowledge, connections, and resources. A lot of time and effort went into establishing this business at a highly professional level and it is positioned to see continued growth.
Location 1 opened in 2021 with 3100 sq ft retail showroom, rent $4,863;
Location 2 opened in 2024 with 2100 sq ft retail showroom, rent $2,845
Both locations are professionally designed lighting showrooms with high end fixtures, working displays and lighting demonstration room.
Current owner is a certified lighting professional and can offer strong insight into customer service, inventory management, design services, marketing, and more.
moderate competition
Strong growth possible with continued marketing and networking. Seller has done an excellent job of creating a highly professional image and reputation for personal service.
Bank financing needed. Depending on deal structure and offer, some terms maybe possible
"*" indicates required fields
Price: $275,000
Location: New Haven County, CT
Industry: Retail
Listing ID: P103023
In addition to supplying all kinds of lighting fixtures and accessories from a multitude of manufacturers, the business offers expert lighting design services to assist customers with building or remodeling projects, with replacing or upgrading existing fixtures, planning landscape lighting, and more. The business is also a resource for interior designers, architects, and contractors, helping them focus on their clients' lighting needs and adding value to their services. The showroom is established for 3+ years and has a strong growth potential built on a high level of professional service and networking with industry professionals in construction, design, and real estate. The owner runs the business day to day with full and part time support staff. Seller will stay on short or longer term to help manage the business for a new owner in a capacity that meets a new owner's needs.
Gross Revenue: $600,000
FFE: $50,000 (Included in price)
Inventory: $300,000
Terms & Conditions: Business is for sale at listed price of $275,000, including FF&E but plus Inventory of $300,000. Total $575,000. Bank financing needed. Depending on deal structure and offer, some terms maybe possible
Reason for Sale: While seeing strong growth and success over the past 3 years, owner does not have the energy to move the business to the next
Training & Support: Seller will stay on after the sale to help a buyer manage the company as needed and to transfer lighting and design knowledge, connections, and resources. A lot of time and effort went into establishing this business at a highly professional level and it is positioned to see continued growth.
Year Established: 2021
Days & Hours of Operation: Tues - Sat 10 am to 5 pm, Sun/Mon by appt.
Owner Hours Per Week: 40
Employees: 6
Managers: Owner managed
Monthly Rent: 7745
Type of Location: Retail Showroom - 2 locations
Square Footage: 3200+2100
Facilities Information: Location 1 opened in 2021 with 3100 sq ft retail showroom, rent $4,863;
Location 2 opened in 2024 with 2100 sq ft retail showroom, rent $2,845
Both locations are professionally designed lighting showrooms with high end fixtures, working displays and lighting demonstration room.
Owner Qualifications: Current owner is a certified lighting professional and can offer strong insight into customer service, inventory management, design services, marketing, and more.
Competition: moderate competition
Potential Growth: Strong growth possible with continued marketing and networking. Seller has done an excellent job of creating a highly professional image and reputation for personal service.
Financing/Terms: Bank financing needed. Depending on deal structure and offer, some terms maybe possible
"*" indicates required fields
New York, NY 10001
Price
$275,000
Location
New Haven County, CT
Industry
Retail
Listing ID
P103023
In addition to supplying all kinds of lighting fixtures and accessories from a multitude of manufacturers, the business offers expert lighting design services to assist customers with building or remodeling projects, with replacing or upgrading existing fixtures, planning landscape lighting, and more. The business is also a resource for interior designers, architects, and contractors, helping them focus on their clients' lighting needs and adding value to their services.
The showroom is established for 3+ years and has a strong growth potential built on a high level of professional service and networking with industry professionals in construction, design, and real estate. The owner runs the business day to day with full and part time support staff. Seller will stay on short or longer term to help manage the business for a new owner in a capacity that meets a new owner's needs.
Business is for sale at listed price of $275,000, including FF&E but plus Inventory of $300,000. Total $575,000. Bank financing needed. Depending on deal structure and offer, some terms maybe possible
While seeing strong growth and success over the past 3 years, owner does not have the energy to move the business to the next
Seller will stay on after the sale to help a buyer manage the company as needed and to transfer lighting and design knowledge, connections, and resources. A lot of time and effort went into establishing this business at a highly professional level and it is positioned to see continued growth.
Location 1 opened in 2021 with 3100 sq ft retail showroom, rent $4,863;
Location 2 opened in 2024 with 2100 sq ft retail showroom, rent $2,845
Both locations are professionally designed lighting showrooms with high end fixtures, working displays and lighting demonstration room.
Current owner is a certified lighting professional and can offer strong insight into customer service, inventory management, design services, marketing, and more.
moderate competition
Strong growth possible with continued marketing and networking. Seller has done an excellent job of creating a highly professional image and reputation for personal service.
Bank financing needed. Depending on deal structure and offer, some terms maybe possible
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
Pennsylvania Office - Pittsburgh
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334
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