Lighting Design Firm - Northern California - Stellar Reputation
California
| Asking Price: | $1,850,000 |
| Gross Revenue: | $2,650,000 |
| EBITDA: | $450,000 |
| Cash Flow: | $650,000 |
| Inventory: | $3,000 |
| FF&E: | $45,000 |
Listing ID: 2285483Listing provided by BizBuySell
BUSINESS DESCRIPTION
This highly-regarded, lighting design firm provides professional consultative services to high-end residential, commercial and hospitality projects across 6 states. The highly skilled, long-term staff have a strong track record working with industry professionals including architects, interior designers, engineers, landscape architects and construction managers.
The Company has approximately 70-80 active clients (diverse and high profile) and is currently staffed by 12 full time, experienced designers and support team. Due to a solid industry reputation, new clients and projects are mostly referred and there are minimal advertising efforts.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
California
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There is a 4500 square foot well-appointed office available for meetings, training or client work. Staff work mostly in office or are in the field consulting on projects.
Competition
The demand for high end custom homes, remodeling and commercial properties is at its highest in California and growing exponentially.
Growth & Expansion
High profile clients need experienced lighting designers for their projects and this business has consistently experienced experienced growth. There are additional projects which could be undertaken and a new owner could easily grow through leveraging industry connections, hiring additional staff and expanding regionally.
Financing
SBA Pre-qualified for experienced buyer or some seller financing
Support & Training
This owner operated firm will require an experienced lighting design professional to oversee senior staff & help lead complex projects. Ideal buyer would be an industry firm or individual with related expertise and a strategic vision. Owner will stay on as needed in consultative role 6-12 months post close to ensure smooth transition.
Reason for Selling
Other Interests
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