Lighting Company In Nevada With Strong Customer Database For Sale

Business description

This wholesale sales specialty and general lighting company has enjoyed a 35 year customer excellence reputation and has a customer database of over 69,000 commercial and individuals. This 3 location business is among the leaders in their market. They are specialists in the hard-to-find & get bulbs. Established in 1975, their toll free telephone sales are in excess of $900k and growing. They stock over 10,000 lamp bulbs touting such names as GE, Sylvania, Philips and Ushio, along with a major supply of energy efficient and hard to find bulbs with quantity pricing. This business has over $400k in inventory included with the sale. The real estate in Las Vegas is available, not included. In 2010, the seller invested a significant amount of time and resources to streamline efficiency for customer satisfaction and profitability in future years - major reason for high negative SDE. Is poised for acquisition and profitability.

Property information

Location:

Three locations: Reno, Las Vegas, Sacramento

Business Operation

Reasons for selling:

Retirement

Employees:

18 FT/1PT/2PTO

Years established:

1976

Other information

Support & training:

2 weeks at 20 hours per week

Financing available:

OWC $1,000,000 at 7% for 120 months at $11,610.85 per month

Inventory / Stock value:

$400,000 (included in the asking price)