Decoration & Lighting Company – Seasonal w/Excellent 3 Months of Rev.!

Los Angeles, CA (Los Angeles County) (Relocatable)

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Asking Price: $50,000

Cash Flow: $61,689

Gross Revenue: $187,689

EBITDA: $61,689

FF&E: $90,000

Inventory: $85,000*

Rent: $21,000 /Month

Established: 2004

*not included in asking price.

Decoration & Lighting Company – Seasonal w/Excellent 3 Months of Rev.!

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Business Description

This outdoor decoration and lighting business prospers during the November to January holiday season, but could theoretically expand its marketing efforts and offerings to include services that both residential and corporate clients can enjoy throughout the year. The established 10 year old company’s client base is comprised of roughly 100 homes, 70% of which return each year. The firm’s lowest cost job is usually in the $1,500 range, while some owners invest up to $5,000 in their holiday decoration. For the 100 homes they take on as clients, they likely turn down 150 more due to geography or budget, but a new owner can manage the business as they choose.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,065
Lease Expiration:
N/A
Employees:
9-12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is the definition of a home-based business. Inventory is stored in an offsite storage facility, and the van remains parked much of the year. Roughly $90,000 in lights and a 2000 Chevy Van will be includes in the sale, as will the balance of the small enterprise’s furniture, fixtures, equipment and goodwill. (Home Based)
Competition:
While competition exits, each company’s strength is based on its recurring client base. 70% of revenues are derives from stable returning clients each year. Some are lost due to attrition from moving, having family move or being away for the holidays, but new clients replace them or former clients return. Of course, the business also advertises to gain additional revenues and thrives on referrals.
Growth & Expansion:
This business really focuses its efforts on the December holidays however a new owner could similarly capture the Easter and Passover holidays, the Fourth of July and Halloween. Similarly, new management may segue into similar complementary services that can provide a stable base revenue base throughout the remainder of the year. This may include general outdoor lighting and landscape decoration or indoor designs, etc. This could be coupled with flower, plant or other decorative services. They could even launch a monthly or quarterly subscription based service where customers receive a periodic ‘make-over’ or whose design is refreshed. The users for this may include a strong corporate client base, that could incorporate such decorations into their marketing schemes to attract new clients.
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
Personal
Home-Based:
This business is Home-Based
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Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Ryan Clark

The Veld Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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