PRICE REDUCTION! 15-Year Wholesale Commercial Products Company

Reno, NV (Washoe County)

Seller Financing Available
PRICE REDUCTION! 15-Year Wholesale Commercial Products Company
Contact Seller

Asking Price: $1,000,000

Cash Flow: $282,294

Gross Revenue: $1,387,147

EBITDA: N/A

FF&E: $34,350

Inventory: $200,000*

Established: 2007

*not included in asking price.

PRICE REDUCTION! 15-Year Wholesale Commercial Products Company

Save Print Share Valuation Report

Business Description

This is a great opportunity to acquire a wholesale/distribution electrical lighting company that has provided Northern Nevada with energy-efficient LED lighting for over a decade. They have a great client base in multiple industries, including wholesale, commercial, industrial, and residential with an outstanding reputation in the industry. They offer a wide selection of electrical lighting products (traditional lamps, LED bulbs, LED drivers, ballasts, transformers, motion sensors, and photocells) and have a vast on-site inventory to supply contractors and customers with their immediate needs. They have provided lighting solutions for a multitude of high-level projects, including casinos, hotels, gas stations, restaurants, warehouses, and government buildings. One of the greatest benefits of owning this business is the recurring revenue through referrals. Nearly 80% of revenues occur through established working relationships with contractors and their continuous referrals to other contractors. This business is turnkey, with staffing levels set so that the business can run smoothly without much supervision. An excellent website is in place, and online sales are growing locally as well as nationally. A motivated Buyer could easily capitalize on growth opportunities and expand this company. As it is, a Buyer will step in and immediately enjoy continued growth and profitability. Don't miss this unique opportunity to own a quality, reputable business with a bright future! The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe.

From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business-Friendly Tax Climate.

Detailed Information

Location:
Reno, NV
Inventory:
Not included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
An 18,000 sf leased building, which is easy to access and offers ample parking.
Competition:
This business rises above the competition by offering and stocking a diverse selection of quality and innovative lighting products. Competitive pricing, experienced employees, and an excellent reputation in the industry make it the go-to company for everyone's lighting needs.
Growth & Expansion:
Rebates and incentives offered to businesses by the local energy company for conversion to energy-efficient LED lighting will keep the demand for LED lighting products high for years to come. Targeting property management companies and contractors in the area with a rewards program will establish new, long-term client relationships. Additionally, there's a niche to be filled for horticultural growing lights in Nevada as the cannabis industry takes off. There is also plenty of room to continue year-over-year growth just by running the operation as it is currently running.
Support & Training:
One month. Seller is committed to Buyer's success
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1701356 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 of Use before responding to any ad.


Similar Listings


Go Mini's Portable and Moveable Storage

Franchise Opportunity In NV
Cash Required: $150,000