Lamp and lighting sales and repairs

Asking Price$149,000

Cash Flow
$193,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$383,000

Inventory$75,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

ShowroomSave

Lamp and lighting sales and repairs


Asking Price$149,000

Cash Flow
$193,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$383,000

Inventory$75,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
A longtime and well-established business is ready to change ownership. After 40 years building a strong clientele and a valuable, loyal customer base, the owner is ready and in a position to turn this amazing location over to a new entrepreneur.

Sample Yelp Review and one of many.

These guys are fantastic. I emailed them asking if they could repair a lamp of mine that had recently been damaged in a move; they responded almost immediately that they could make the repair. I brought the lamp in and they fixed it in just a matter of days, for a very reasonable price. A lovely store, with a great selection of lamps. Will definitely use them again --- highly recommended.
About the Business
Years in Operation
38
Employees
2
Facilities & Assets
Perfectly situated in the middle of affluent, Fairfax County, this lamp and light store has a terrific showroom with ample space for displaying all the greatest lighting products. The showroom is 3,000 square feet, which allows for an array of options to be displayed while providing plenty of space for customers to roam. Plenty of parking for busy days.
Market Outlook / Competition
This location has no consequential competition. The business provides expert service for all possible lighting needs and the goodwill is invaluable.
Opportunities for Growth
Three areas for growth potential that can be explored,

1: Area builders-suggest lighting products for their new builds, single family homes, townhomes, condos etc.
2:. local realtors/real estate companies
3: Home/interior designer companies
About the Sale
Seller Motivation
Moving out of the area.
Transition Support
After 40 years spent building the goodwill, this Seller is ready to provide 3 months of training. He is fully committed to showing any buyer each aspect of his business. During this period, the seller will provide wonderful introductions to his loyal customer base. This customer base has provided countless referrals over the years.
Financing Options
Yes
Listing Info
ID
2357766
Listing Views
665

Contact Seller

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Business Listed by: Simon Harrington CapStar Realty Group LLC.

Listing ID: 2357766 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.