Lighting Supply & Design Business, Retail Showroom
Price: $525,000
Location: New Haven County, CT
Industry: Retail
Listing ID: P103023
This is a highly professional lighting & design business with an attractive and very functional lighting fixture and accessory showroom displaying over 3000 sq. ft. of fixtures, lamps, and home accessories. The award-winning showroom is well recognized for its level of expertise in matching lighting design and products with client’s needs. It is conveniently located with parking in a desirable area and has an excellent landlord.
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 business has been established for 3 years and has a strong growth trajectory 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 part time support staff and is seeking retirement. The owner will assist a buyer with a transition, training, and support.
Listing Details
Gross Revenue: $700,000
Cash Flow: $325,000
FFE: $50,000 (Included in Price)
Inventory: $200,000 (Included in Price)
Reason For Sale:
Retirement
Training & Support:
Seller will provide training and support after a sale for several months.
Operation
Year Established: 2021
Days & Hours of Operation: Tues - Sat 10 am to 5 pm, Sun/Mon by appt.
Owner Hours Per Week: 40
Employees: 2 P/T
Managers: Owner managed
Location
Monthly Rent: 4900
Type of Location: Retail Showroom
Square Footage: 3200
Facilities Information:
The retail showroom is very well designed, both attractive and very functional for displaying product lines, various types of lighting, lamps, accessories and educational aspects of lighting design to help customers understand the different types of lighting and how they may work with their applications and needs as well as a work room for shipping, receiving, and product assembly. Business comes fully stocked and equipped.
Summary
Owner Qualifications:
Current owner is a certified lighting professional and can offer strong insight into customer service, inventory management, design services, marketing, and more.