Lighting Distribution with Layout Design

Columbus, OH (Franklin County)

Seller Financing Available
Lighting Distribution with Layout Design
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Asking Price: $1,375,000

Cash Flow: $333,404

Gross Revenue: $2,082,315

EBITDA: N/A

FF&E: $375,000

Inventory: N/A

Established: 2004

Lighting Distribution with Layout Design

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Business Description

Double location with $2MM in sales, this lighting distribution, retrofitting, and design are top services for this growing lighting company. Working with commercial, industrial, and manufacturing clients, this business brings quality customer service and effective lighting solutions to the forefront. The company is also fully staffed with 11 employees. There are 2 office managers, an office administrator, 6 total sales people, and 2 delivery drivers. The owner currently acts in an oversight capacity. There is plenty of space to be utilized here – one location has 5,500 sq. ft. and the second has 11,000 sq. ft.

With a specialization in retrofitting old fixtures with new, energy efficient illumination, this company helps its customers reduce expenses, improve brightness, and decrease energy use. This company can also guide a customer through their many options and help layout and design lighting systems that best address a customer’s needs. Operating as an ESCO business, this company is well-positioned to work with green customers looking to be mindful of their energy use.

This lighting company maintains two business locations, each with plenty of private offices and ample warehouse space. This company could be condensed, if desired, to reduce expenses. The merger would reduce the overhead significantly, yet a buyer could easily maintain sales staff in the area without a physical location. Solid management is in place, employees are well-trained, and many have good tenure with this company.

Attached Documents


Detailed Information

Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location 1: 5,500 sq. ft. with 1,500sq. ft. office space, remaining is warehouse (rack and open); Location 2: 11,000 sq. ft. with 1,500 sq. ft. office space, remaining is warehouse (rack and open)
Growth & Expansion:
Increase online sales and interface, bring labor in-house, increase small clients
Financing:
15% Seller Financing: $206,250
Support & Training:
6 months
Reason for Selling:
Divestment
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(from currently available funds)
 
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Cortney Sells

Business Listed By:
Cortney Sells

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