Independent Lighting Company with Showrooms For Sale

Indiana

Asking Price:	$400,000
Gross Revenue:	$5,811,592

Cash Flow:	$281,200
Established Year:	1973

Listing ID: 2262987Listing provided by BizBuySell

BUSINESS DESCRIPTION

Lighting is usually one of the last pieces to go into a new home or remodel. This independent lighting company with showrooms offers the largest selection of indoor and outdoor lighting for contractors, builders, and residential customers. Serving the Indianapolis metro area for decades, they offer a wide range of products many of which are on display in their large showrooms. Additionally, they supply the installation and electrical work for their sold items. Products and services offered include:
• Ceiling Fixtures
• Wall Fixtures
• Bathroom Fixtures
• Lamps & Fans

This independent lighting company provides what the big box stores can’t: lighting expertise and excellent customer service. Decades of industry knowledge plus experienced staff is why customers choose them for their lighting needs. It’s also what keeps them coming back. In fact, they work closely with home builders and designers to find the perfect lighting solution. Even though their main customers are commercial, they also offer the same attention and design help to residential customers. The current client mix is 60% contractor/builder and 40% residential. New customers usually come from referrals, the website, signs, or media.

The showrooms are strategically located in high traffic areas. Both face major roadways with high traffic counts. Both are in affluent, growing areas of the metro area. Quick access to highways and interstates makes delivery and installation effortless.

This independent lighting company is ideal for anyone in the home improvement industry looking to expand their business. It’s an ideal add-on to existing electric supply companies, home furnishing stores, or any business looking to expand their offerings. Contact us today to find out more about this great opportunity!

Investment Considerations:
• Strong Brand & Reputation
• Excellent Customer Service
• More Experience & Knowledge Than Competition
• Knowledgeable & Reliable Staff
• Strong Employee Retention
• Expansive Inventory
• Fastest Custom Order Turnaround
• Fleet Vehicles Included in Sale
• Real Estate Available

ATTACHED DOCUMENTS

N2152 Independent Lighting Co. Profile.pdf Download

DETAILED INFORMATION

Location

Indiana

Inventory

Not Included in asking price

Employees

Facilities

The Seller owns the real estate and is willing to sell or lease it for fair market value. There are two locations. Location 1 is 29,812 SF +/- on 1.41 AC. Location 2 is 16,500 SF +/- on 1.13 AC. Both have large asphalt lots. Both have leased spaces.

Competition

The Indiana home furnishing stores industry, over the years to 2028, this industry is expected to grow in all areas: revenue, locations, employees, and wages. Most competition comes from big box stores. There are also some similar local businesses, however, none are as comprehensive in their selections, services, or knowledge as this company.

Growth & Expansion

There is ample opportunity for a new owner to grow the business such as: • Expand E-Commerce for Online Sales • Hire Outside Sales Rep to Focus on New Builder, Designer, and Construction Clients • Pursue Apartment & Property Management Companies as Potential New Clients • Expand Portfolio to Offer Other Home Related Items (i.e. Cabinetry, Plumbing, etc.) • Focus Marketing on Digital and PPC Ads

Support & Training

The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.

Reason for Selling

Retirement

Report an Issue with this listing