Lighting Supply & Design Business, Retail Showroom

Price: $200,000

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 multi 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. The business is well positioned to be taken to the next level and is seeing continued growth.

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.

Listing Details

Gross Revenue: $520,000

Cash Flow: $60,000

FFE: $50,000 (Included in Price)

Inventory: $250,000

Terms and Conditions?:

Some seller terms may be available on the inventory for a qualified buyer

Reason For Sale:

Selling because 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 high professional level and it is now positioned to see big growth.

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

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.

Potential Growth:

big growth possible with continued marketing and networking. Seller has done an excellent job of creating a highly professional image and reputation for personal service.