• Listing ID: 1194292
  • (Seller ref: NV2252)
  • (Broker license number: 161764A)

Lighting Company In Nevada With Strong Customer Database For Sale


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Asking price:
$3,000,000 (Inventory / Stock included)
Sales revenue:
$1,167,481
Cash flow:
$26,806
Years established:
1976
Employees:
18 FT/1PT/2PTO

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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.


Location:
Three locations: Reno, Las Vegas, Sacramento

Support & training:
2 weeks at 20 hours per week
Reasons for selling:
Retirement
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)

For more information about this business for sale, click the Contact Seller button.


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