Established and Highly Profitable Landscape Lighting Company

Farmingdale, NY (Nassau County)

Established and Highly Profitable Landscape Lighting Company

Asking Price:$745,000

Cash Flow:$319,167

Gross Revenue:$922,019

EBITDA:$319,167

FF&E:$100,000

Inventory:$150,000

Rate/Sq. Ft.:N/A

Established:1990

Established and Highly Profitable Landscape Lighting Company

Get Financing Save Print Share Valuation Report

Business Description

Highly Profitable and Relocatable Business in Nassau County, NY

The Company has an established office location in New York on Long Island (serves NY, CT). The office could be easily relocated anywhere within the NY/CT market area. Included in the asking price is a perpetual and exclusive license to use all of the Company trade names in New York, Connecticut, New Jersey and the Philadelphia area of Pennsylvania. The New Jersey and Philadelphia regions offer an additional significant revenue source for the new owner of the New York Branch as Company has 1,000+ clients in these areas!

The 40+ year Company is a leader in the design, installation and maintenance of custom landscape lighting systems. The Company has earned a national reputation for providing its clients with creatively designed energy efficient illumination systems that utilize very high quality fixture components. Serving the high-end market, Company has installed thousands of residential lighting systems and commercial projects that include country clubs, historic properties and office buildings. The Company’s lighting projects are often featured in magazines and periodicals such as Robb Report Exceptional Properties, The New York Times, Washingtonian and Home & Garden.

The type of work performed is well balanced as approximately 65% of Company revenue is earned from new lighting system installations and 35% from maintenance and additions to lighting systems previously installed by Company. With thousands of installed projects, maintenance and upgrades of existing lighting systems provides a significant source of dependable revenue each year.

This business opportunity will appeal to those who want to operate a company in which you see the beautiful results of your work each day! No special skills in lighting or electrical work are required. The new owner will receive comprehensive training in all facets of the business. Very experienced and dedicated employees wish to remain with Company after ownership transition if new owner desires.

***Thank you for your interest in this business offering. When requesting additional information, please provide the following:
1. Description of your business background.
2. Type and size business you plan to acquire.
3. Your investment capability.
4. Why you are interested in this particular business.
5. When you plan to purchase a business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities: The NY branch office location is leasing office/warehouse space. The landlord will offer a lease extension if the new owner desires. Assets: Assets (lighting equipment inventory, tools, marketing material, vehicles, office equipment, furniture) totaling a minimum of $250,000 are included in asking price.
Competition:
Landscape lighting is a large market segment that continues to grow. Company’s unique design and installation methods cannot be duplicated by competitors.
Growth & Expansion:
There are several exciting opportunities for growth: 1. Using the Company’s extensive computer database consisting of installed lighting systems, clients can be targeted for additional maintenance work. 2. A consistent marketing program dedicated toward creating mutually beneficial business relationships with design professionals will benefit the new owner. 3. Several new product offerings are currently being developed. 4. Expansion opportunities exist within the NY branch office territory. 5. Additional market areas may be available.
Support & Training:
Very skilled, dedicated and long tenured employees desire to remain with Company if new owner desires. Current employees, if retained, would not have to be trained or hired so new owner would be productive and earning revenue from the first day of ownership. The new owner will receive extensive training in all aspects of the business to assure a smooth transition.
Reason for Selling:
Retirement.

Listing Statistics for Premium Members

Ad#:1310367 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Not Disclosed

Find out more...

Get more details about this business.


Similar Listings


Handyman Connection

Franchise Opportunity
Capital Required: $102,900