- Asking Price: $800,000
- Gross Income: $1,913,847
- Cash Flow: $314,144
- FF&E: $50,000
- Inventory: $250,000
- Established: 1998
- Employees: 12
- Real Estate: $1,500,000*
- *Not included in asking price
Listing ID Number: BBF-894900140
Business Description
Amazing Business Opportunity in Downtown Location
SBA pre-approved to a qualified buyer – very attractive terms with 25% down payment!
This award-winning contemporary and modern lighting business serving South and Southwest Florida from Tampa and St. Petersburg to Miami is available to a discerning and informed business buyer/investor.
The company largely offers state of the art lighting solutions for upscale clients in Manatee/Sarasota counties, but also serves designers, architects, and end-users from all over the continental USA in residential and commercial projects.
Housed in an elegant 6,000 sq ft building in one of the most sought-after locations in Sarasota county are upscale and unique products, imported from a variety of locations both domestically and internationally, managed by competent, personally-attentive staff.
Display rooms present actual ‘home environments’ showing relevant lighting scenarios using home lighting control systems, and the staff members are trained to analyze personal needs and assist in selecting the best, most elegant lighting options within the client’s budget.
This is more than a lighting store; it is a design and consulting experience like no other in the region. The list of awards that the company has received from well-known players in recognition of its superior service offering is very impressive.
This truly is an amazing opportunity to own a professional and hugely-respected business in Sarasota county!
Detailed Information
Inventory: Included in asking price
Real Estate: Not included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Housed in an elegant 6,000 sq ft retail building designed by an award-winning architect, the facilities for this business reflect the high-end and unique products that are sold. The location is one of the most sought-after in Sarasota county, with fantastic visibility and considered to be ideal for future infrastructure and economic development in the area. Ample parking and prime access for deliveries. The real estate is available for purchase at $1.5m.
Competition: The company offers individually-tailored consulting, design and supply of modern and contemporary lighting to both residential and commercial customers. Clientele is high-end in an upscale demographic where differentiation is on individual service, and on which the company has built a reputation. Additional and complementary product lines are also offered.
Support & Training: 30 days at no cost to buyer
Reason for Selling: Retirement