Custom Lighting/Specialty Hardware Store

Asking Price$115,000

Cash Flow
$48,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$189,000

Inventory$50,000
Included in asking price
FF&E$10,000
Included in asking price
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Custom Lighting/Specialty Hardware Store


Asking Price$115,000

Cash Flow
$48,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$189,000

Inventory$50,000
Included in asking price
FF&E$10,000
Included in asking price

Seller Financing Available
Business Description
Owner retiring - in business since 1979!
SELLER RETIRING: For over 40 years, this company has been a staple in the custom lighting and specialty hardware field and the owner is ready to retire. They cater to two separate industries; the first is custom lighting where they manufacture light fixtures (interior and exterior) to customers’ specifications as well as repair/restore antique lighting. The second is specialty decorative hardware including cabinet, kitchen, bath, and door hardware. Their reputation for personalized service for period finish and function to their customers’ exacting needs sets them apart from the competition.

This company can easily be brought back to the million-dollar+ annual sales it used to enjoy as consumers are looking for alternatives to the big box stores, hardware chains, and lumber businesses. They serve both residential and commercial clients.

Perfect for a couple looking to settle in one of the most beautiful areas in the state, or seeking a change from the hectic corporate life, the current owner is willing to stay on at a negotiable fee (can be deducted from the sale price) to impart his wisdom from years of experience in the manufacturing of the light fixtures to ensure a smooth transition. Contact Dirigo Business Group of Maine today to learn more about this opportunity.

COVID-19 UPDATE: This business is continuing to operate and generate revenue. Orders, both wholesale and retail continue to be placed assuring the viability of the company.
About the Business
Years in Operation
46
Number of Employees
3
Market Outlook / Competition
Big box stores can't offer the level of service this store provides.
Opportunities for Growth
Online sales through sites like Etsy, etc. haven't been utilized enough. A web-savvy owner can tap into a whole new market.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$2,500.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller is willing to stay to get new owner comfortable. Will be available via FaceTime or Skype after that.
Listing Info
ID
1707152
Listing Views
1948

Contact Seller

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Business Listed by: Michael Schnur Dirigo Business Group of Maine

Listing ID: 1707152 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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