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Turn Key Electrical Supply and Lighting Store

UT

Seller Financing Available
Turn Key Electrical Supply and Lighting Store
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Asking Price: $199,000

Cash Flow: $73,000

Gross Revenue: $329,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,800 /Month

Established: 2017

Turn Key Electrical Supply and Lighting Store

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Business Description

This business has everything in place to run a successful lighting retail store and electric wholesale business. The owner has developed great relationships with suppliers to allow the new buyer this turn key opportunity. With a beautifully designed retail store in a terrific high traffic location, this business stands out amongst others in the area. The attention to detail and knowledge of the industry have helped them grow their customer base.

Detailed Information

Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
1
Facilities:
The owners have been in the electrical and lighting business for years and have used their knowledge to grow their lighting customer base. They have built out a beautiful facility Approx. 3000 Square ft of showroom and another 1000 sq ft of warehouse. They open M-F from 9-5 PM. The existing owner is ready to pass on the work they have put in to the new buyer and let them take this business to new heights. They provide lighting, home automation devices and setup, electrical supplies and much more.
Competition:
With the connections they have made with their specific suppliers they are able to offer an array of lighting options to fit almost any customers wants and tastes. With their customer service oriented approach they stand apart from other stores in the area. There are other competitors in the industry, but the owners have focused their efforts on setting a higher standard for service and support.
Growth & Expansion:
Currently the company sales have been driven by the owner whose time is limited by other businesses that he is also running. A new owner with more time for sales could get out an make connections with builders, electricians, and retail customers in the area. Focusing the companies energy on its target market would allow for more exposure to those that are most likely to be customers.
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

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Skyler Ence

Business Listed By:
Skyler Ence

Transworld of St George

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Sponsoring Broker:
Dan LeRoy

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