Commercial Lighting Wholesale, Installation, and Maintenance Business
- Florida
- Orange County
Asking Price: $ 2,700,000
Cash Flow: $650,000
Gross Revenue: $4,200,000
FF&E: $100000
Inventory: $150,000
Year Started: 1990
Business Description
Are you looking for stability, profitability, and scalability in the distribution sector, this is it. This is a well established distribution company in the wholesale lighting industry. They have been in business for over 30 years and they have a huge database of regular repeat customers. In addition to wholesaling fixtures and parts, the company also does installation and maintenance on lighting systems. The maintenance section makes this business very unique as most only perform installations. Another very profitable sector of their business is retrofitting buildings with lighting systems that meet energy efficiency standards.
The business includes approximately $150,000 worth of inventory as well as vehicles, service equipment, and furniture and fixtures worth another $100K.
Not only is this a fully functional turnkey business but the new owner will inherit a very seasoned staff of sales reps and admin support. The sales staff have all been on board for at least 10 years and most of the office staff have 20 plus years of service. The customer base is made up of thousands of clients and not concentrated into a small groups. This large diverse pool of customers provides stability and ensures continuing sales and growth in all markets.
The company is strategically located in a rapidly growing area of Florida but they provide lighting solutions across the country. There is lots of potential for growth in both the replacement lighting sector as well as selling new construction lighting packages. The service division is fully licensed as an electrical contractor, but only focuses on lighting related projects. However, there is the potential to branch out into traditional electrical service work for additional revenue.
Detailed Information
- Location: Florida
- Industries: Wholesale & Distributors
- Employees: 16
- Age of Business: 34
- Reason for Selling: Ready for retirement
- Seller Financing: No
- Established After Year: 1990