Business Sales & Acquisitions
Price
$200,000
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.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.
Some seller terms may be available on the inventory for a qualified buyer
Selling because 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 high professional level and it is now positioned to see big growth.
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.
Current owner is a certified lighting professional and can offer strong insight into customer service, inventory management, design services, marketing, and more.
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.
"*" indicates required fields
Price: $200,000
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.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.
Gross Revenue: $520,000
Cash Flow: $60,000
FFE: $50,000 (Included in price)
Inventory: $250,000
Terms & 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.
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
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.
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.
"*" indicates required fields
Price
$200,000
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.
Some seller terms may be available on the inventory for a qualified buyer
Selling because 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 high professional level and it is now positioned to see big growth.
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.
Current owner is a certified lighting professional and can offer strong insight into customer service, inventory management, design services, marketing, and more.
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.
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334