Wholesale / Retail Lighting & Electrical Equipment
Location New York,United States
Asking Price Range < $250K
Gross Revenues $850000
Net Profit / Cash Flow $106329
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner is retiring.
Description Excellent Wholesale / Retail Lighting & Electrical Equipment Supplier. This business is evenly split with 50% of revenues coming from wholesale business and 50% of sales coming from retail business. For all your specialty lighting needs, they carry a variety of electrical products for the interior and exterior of the home in their 5,000 sq. ft. facility. From lightbulbs to ceiling fans, they carry anything that a homeowner or contractor may be looking for. They offer a much wider selection and superior customer service than could be offered at a national box store like Home Depot or Lowes. Last year the business grossed approx. $850,000.00 with a net income of approx. $106,329.00. The owner is looking to retire after over 30 years in the business. The sale also includes 2 Vehicles, a 2001 Ford F250 and a 2005 Ford F250 Heavy Duty and 3 storage containers filled with current, saleable inventory. We are looking for a qualified buyer with some experience in the industry and enough liquid capital for the down payment, inventory, working capital and closing costs. Contact for more information on this Lighting & Electrical Equipment business for sale.
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