Well Established Lighting Showroom
Location New Brunswick,Canada
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $52000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 4 Weeks
Reason for Sale Other ventures
Description With the existing building boom in the Maritimes, the lighting business is seeing tremendous growth. There are very few lighting showrooms in the Maritimes making this business very attractive and prime for expansion. A motivated buyer can add locations quickly and take advantage of the growing market needs.
Facilities: This is a retail and wholesale lighting business that sells to the general public and also building contractors. It is one of only 3 show rooms in the city and has lighting lines that are exclusive in the city.
Competition: This business has experienced tremendous growth over the past year and should continue to grow over the next few years. There are only 2 other show rooms in the city.
Growth and Expansion: At the present time this business only sells lighting fixtures, however other retail items can be offered to increase sales. There is also the possibility of adding other locations in the city as well as through out the Maritimes. The expansion potential is unlimited.
Support/Training: The vendor will be willing to provide two weeks training. Further training, if needed, is negotiable.
Reason Selling: Pursuing other business interests.
Year Established: 1992.
Employees: 5.
Financial Information:
Asking: $125,000.
Gross: $400,000.
Cash Flow: $52,000.
Financing: Vendor may be willing to finance the inventory.
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