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BUSINESS FOR SALE - PROFILE #  42520021

Lighting Supplier Company
Charlotte Metro Area

Asking Price: $150,000   Down Payment: $150,000  
Gross Revenue: $339,283   Adj. Cash Flow*: $98,652  
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Executive Summary
This locally owned lighting distributor company is a leader in the residential lighting supplier industry that it serves.  The company was founded over 10 years ago by the owner and has continued to grow and increase its profits to their current levels. The relentless focus on working with their clients (or builders) from initial offerings to the final delivery has produced efficiency and cost effectiveness. Because the business is a combination of design implementation,  low cost, capabilities, experience and relationships, the company continues to win new business opportunities.  The company and its reputation has enabled it to gain jobs that other competitors could not handle with the same products and levels of service within existing budgets. Projects are required to come in on time and on budget and the company excels at these metrics.  Most importantly, the demand for the services the company produces continues to grow at significant levels.

The company is well positioned for expansion in other markets should a new owner want to pursue, as their customers have been encouraging the company to pursue a more aggressive growth strategy into other markets.

Acquisition Highlights

  • This locally owned lighting distributor company is a leader in the residential lighting supplier industry that it serves. The company was founded over 10 years ago by the current owner and his wife, with both active in the business today. Through his guidance and leadership, the company has continued to grow and increase its profits to their current levels. Their relentless focus on working with their clients (or builders) from initial offerings to the final delivery has produced efficiency and cost effectiveness. Because the business is a combination of design implementation, low cost, capabilities, experience and relationships, the company continues to win new business opportunities. The company and its reputation has enabled it to gain jobs that other competitors could not handle with the same products and levels of service within existing budgets. Projects are required to come in on time and on budget and the company excels at these metrics. Most importantly, the demand for the services the company produces continues to grow at significant levels. The company is well positioned for expansion in other markets should a new owner want to pursue, as their customers have been encouraging the company to pursue a more aggressive growth strategy into other markets.
  • 1 Full Time and 1 Part Time Mon.-Fri. 9:00am -5:00pm
  • The company does very little marketing of its services because of their reputation in the market. The company has a website that shows their catalog of product offerings and their respective prices. Most of its business is either with existing customers or referrals. The company has focused on larger projects of over $1,000 in sales, thus resulting in halting their marketing efforts to retail customers.
  • The business is currently operated from a home office.
  • The company was founded over 10 years ago by the current owner and his wife, with both active in the business today. The owners work in the business and manage all aspects of the business on a full-time basis. One owner works part-time (20 hours a week) focusing on accounting, deliveries, inventory management and service calls. The other owner works full-time (30-40 hours a week) focusing on ordering and sales with clients.
  • This business is home-based
  • This business is not a franchise
  • This business can be relocated
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2007 Inventory:
Employees: 1 FT, 1 PT Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
Other:  (704) 905-8658
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Road
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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