Profitable Lighting Wholesaler and Distributor

Broward County, FL
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Asking Price:$1,320,000
Gross Revenue:$4,906,634
Cash Flow:$385,930
BUSINESS DESCRIPTION

This over 40-year-old, thriving lighting distributor seeks a new owner to unlock its full potential and operates from an office and warehouse in Ft. Lauderdale.

Lucrative Opportunity:
• Impressive Growth: Over the past 6 years, the business has experienced significant sales and profit growth under current ownership, showcasing a robust market presence and exceptional management.
• Diversified and Profitable: With revenue surpassing $4.9 million in 2023 and a healthy Sellers Discretionary Earnings (SDE), this business is a clear indicator of profitability and stability.
• Competitive Edge: Offering a comprehensive inventory that includes rare European lamps and obsolete items, this distributor stands out from the competition.
• Trusted Expertise: A dedicated team of specialists supports lighting and electrical distributors and other wholesalers in sourcing precise lamps, ballasts, LED drivers, and components, ensuring maximum efficiency and customer satisfaction.
• Strong Industry Relationships: As an authorized distributor for leading lighting brands, the business guarantees access to top-quality products.
• Global Reach and Untapped Potential: Existing customer base coupled with established U.S. and international export channels offer significant growth opportunities in new markets.

Ideal Acquisitions Partner:
• Strategic Buyers: Those seeking a proven, profitable entry into the flourishing lighting market.
• Established Distributors: Existing lighting distributors looking to expand their product portfolio with unique and hard-to-find lighting solutions.


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Not Included in asking price
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Ashish Bhatt
Synergy Business Brokers
Ashish Bhatt