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Turnkey & Very Profitable Lighting Retail Store - EXCLUSIVE PRODUCTS

Houston, TX (Harris County)

Turnkey & Very Profitable Lighting Retail Store - EXCLUSIVE PRODUCTS
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Asking Price: $900,000

Cash Flow: $354,333

Gross Revenue: $508,599

EBITDA: N/A

FF&E: $25,000

Inventory: $250,000*

Rent: $6,100 /Month

Established: N/A

*not included in asking price.

Turnkey & Very Profitable Lighting Retail Store - EXCLUSIVE PRODUCTS

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Business Description

This highly profitable business has been established in Houston, TX more than 20 years in the same location. They specialize in high end crystal chandeliers and other fine lighting products. Products are made of Swarovski and Asfour crystals and are 24K gold or chrome plated. The business also performs the delivery and installation.

Margins are at least 60%. This is due to the owner's EXCLUSIVE Chinese manufacturer relationship. Orders are placed 2-3 times a year direct from Hong Kong. New ownership can easily expand the product lines.

Detailed Information

Location:
Houston, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
12/1/2021
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In addition to showroom, space includes a warehouse area for inventory. Business is located in shopping center.
Competition:
Major competitive advantage is the exclusive manufacturer
Growth & Expansion:
Add lower price point product lines, SEO, marketing
Support & Training:
Negotiable
Reason for Selling:
Focus on real estate investing
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Ben Alvarado

Business Listed By:
Ben Alvarado

Houston Business Associates

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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.

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