15,000 Sq Ft Free-Standing Building With 20 Parking Spots

Asking Price$1,600,000

Gross Revenue
$1,255,816

Net Operating Income$205,016

FF&E$412,000
Included in asking price
Building Sq. Ft.15000

Price per Sq. Ft.$107.00

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15,000 Sq Ft Free-Standing Building With 20 Parking Spots


Asking Price$1,600,000

Gross Revenue
$1,255,816

Net Operating Income$205,016

FF&E$412,000
Included in asking price
Building Sq. Ft.15000

Price per Sq. Ft.$107.00

Property Description
Take advantage of the Big Beautiful Bill!! There has never been a better time to buy!
It would cost you a minimum of $1.6 million just to build this building today but you're also getting a thriving business and this price includes $320,000 in inventory. Keep the business and operate it or add your own business to it........ hardware or furniture or electrical or anything that sells to homebuilders and contractors or electricians. Or lease the building out. The showroom is 5000 sq ft and there is an additional 10,000 sq ft on main level plus 3800 sq ft upstairs. Lots of parking. Located in South Georgia and gets a lot of customers 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 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.

Add your own concept to the building. It already has a solid client base. The current retail operation enjoys consistent traffic from both contractors and walk-in customers, creating a stable revenue stream. Its reputation as the region’s best lighting destination has allowed it to capture market share throughout the geographic area, drawing customers who are willing to travel significant distances, including from N. Florida, to access its selection and expertise.
About the Property
Type
Retail
Building Status
Established
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 store and another 3800 sq ft upstairs.
Location Description
Free-standing building in south Georgia town with population of 55,000.
Current and Prior Use
Store that sells mostly lighting fixtures and some home goods. 70% is wholesale to contractors, electricians, etc. 30% is retail for walk-in customers.
Year Built
2008
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Complete financials available with NDA.
Listing Info
ID:
2390236
Listing Views:

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Property Listed by: Doug Neufeld Neufeld Business Brokers

Listing ID: 2390236 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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