Retail/Wholesale Lighting Store with Real Estate
Lowndes County, GA
| Asking Price: | $1,600,000 |
| Gross Revenue: | $1,255,816 |
| EBITDA: | $147,064 |
| Real Estate: | $740,000 |
| Cash Flow: | $147,064 |
| Inventory: | $320,000 |
| FF&E: | $92,000 |
| Established Year: | 2008 |
Listing ID: 2309895Listing provided by BizBuySell
BUSINESS DESCRIPTION
This is a 15,000 sq. ft. lighting, showroom and design center in south Georgia that displays a large selection of light fixtures for residential and commercial use. It carries a selection of over 150 product lines and serves the retail, design, contractor, and electrical industries and also sells mirrors, art, medallions, lamps, door and cabinet hardware and accessories as well as recessed lighting, undercabinet lighting, energy-star rated and LED fixtures. The showroom is 5000 sq ft and there is an additional 13,800 sq ft of warehouse and storage space.
DETAILED INFORMATION
Location
Lowndes County, GA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
15,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This free-standing building is 15,000 sq ft. 5000 sq ft is the showroom, 10,000 is warehouse and 3800 sq ft upstairs is for storage. Parking can easily handle 20+ cars.
Competition
This is by far the largest lighting store in the county and customers come from surrounding counties, including in north Florida.
Growth & Expansion
Hiring an outside salesperson to reach out to builders in their county as well as surrounding counties.
New owners could attend Home Builders Association meetings and Chamber of Commerce meetings.
Current hours of Monday – Friday could be extended to weekends.
The website could be monitored and a social media presence could be improved and extended.
Support & Training
Will stay as long as necessary to train new owner. Time length is open to negotiation.
Reason for Selling
Reducing their workload. Own two other businesses in same area.
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