Retail Store, $1.25m revenue, includes 15,000 sq ft building;

Asking Price$1,600,000

Cash Flow
$205,016

EBITDA$205,106

Gross Revenue$1,255,816

Inventory$320,000
Included in asking price
FF&E$92,000
Included in asking price
Real Estate$740,000
Included in asking price
Lighting storeSave

Retail Store, $1.25m revenue, includes 15,000 sq ft building;


Asking Price$1,600,000

Cash Flow
$205,016

EBITDA$205,106

Gross Revenue$1,255,816

Inventory$320,000
Included in asking price
FF&E$92,000
Included in asking price
Real Estate$740,000
Included in asking price
Business Description
Take advantage of the Big Beautiful Bill!! There has never been a better time to buy!
It would cost you $1.6 million just to build this building today but instead you're also getting a thriving business that has huge opportunities for growth and expansion. The showroom is 5000 sq ft and there is an additional 10,000 sq ft of warehouse and storage space that can easily be expanded to a hardware store or anything else; additional 3800 sq ft of storage upstairs. Lots of parking. Located in South Georgia and gets a lot of business from Florida. Showroom and design center displays a large selection of light fixtures. 70% of business is builders & commercial, 30% is walk-in. 90% of sales is lighting. It carries a selection of over 150 lighting product lines and serves the retail, design, contractor, and electrical industries and also sells mirrors, art, lamps, door and cabinet hardware and accessories as well as recessed lighting, under cabinet lighting, energy-star rated and LED fixtures.

The retail operation enjoys consistent traffic from both contractors and walk-in customers, creating a stable revenue stream. Its reputation as the region’s premier lighting destination has allowed it to capture market share throughout the geographic area, drawing customers who are willing to travel significant distances to access its selection and expertise.
About the Business
Years in Operation
17
Employees
4
Facilities & Assets
A significant opportunity for growth exists within the property’s existing footprint. The facility includes 10,000 square feet of warehouse space located on the same floor as the current 5000 sq ft retail area and another 3800 sq ft upstairs. This space could be easily converted into additional retail floor area, effectively doubling the current sales capacity.
Market Outlook / Competition
This is by far the largest lighting store in the county and customers come from surrounding counties, including north Florida. The business already nets the owner $147k/yr. and the 10,000 sq ft of warehouse on the same floor could easily be turned into retail space, an ADDITIONAL doubling of the sales area and substantially increasing profits. This would be ideal for a hardware store or similar businesses since contractors and walk-ins are already coming into the store regularly.
Opportunities for Growth
Hiring an outside salesperson to reach out to builders in their county as well as surrounding counties.
New owners could attend Home Builders Association meetings and Chamber of Commerce meetings.
Open on weekends (currently closed on weekends).
The website could be monitored and a social media presence could be improved and extended.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
15,000
About the Sale
Seller Motivation
Reducing their workload.
Transition Support
Will stay as long as necessary to train new owner, open to negotiation.
Listing Info
ID
2309895
Listing Views
1346

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Doug Neufeld Neufeld Business Brokers

Listing ID: 2309895 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.