Thriving Lighting Distro Business with Established Clientele

Frederick County, MD

Seller Financing Available

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Sale Pending
Asking Price:$154,000
Gross Revenue:$654,364
Rent:$700
Established Year:2006
Cash Flow:$53,266
Inventory:$17,131
FF&E:$5,000
BUSINESS DESCRIPTION

For over a quarter of a century, this esteemed lighting distributor has been a trusted partner for property management firms, hospitality venues, and electrical contractors. Known for its exceptional reputation, this business offers a rare opportunity with an incredibly low asking price and an affordable lease, making it priced to sell quickly.

The business has been flirting with the reality of breaking $1MM in net sales, consistently showing strong financial performance. With all debts paid off and seller discretionary earnings on the rise, it's primed for growth. All it needs is a new owner with fresh energy to unlock its full potential and take it to the next level. Don’t miss out on this chance to acquire a thriving, well-established business that’s ready to shine even brighter.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
30/12/2023
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: 2 desks, 4 desk/table chairs, satellite dish, new network, bookcases, fax cart, storage cabinet, 6 warehouse racks, shredder, copier, peanut dispenser, 2 computer stations, printer & software, desk & file cabinets, 3 phone system, 4 office chairs, Dell Power Edge server, Dell computer, office furniture, printer & battery backup. FF&E General Condition: In good, clean shape. Depreciated, but $19,094 in basis.
Growth & Expansion
This business presents multiple opportunities for significant growth and value enhancement. Firstly, achieving a modest increase in gross revenue to just over $1 million annually has elevated the earnings multiple from 1.95 to 3.22 and the EBITDA multiple from 3.9 to 6.79, marking a notable increase in value that if you maintain or grow will be yours to enjoy.
Financing
Owner Financing Amount $9,000.00 Owner Financing Interest 5% Owner Financing Terms Mo
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retiring
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David
Dejewski
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David Dejewski