Annual Revenue: $3,371,000
Net Cash Flow: $400,000
Location: Long Island, NY
Wholesale lighting fixtures company that has more than 500 accounts. After spending more than 20 successful years, owner is retiring, so we’re looking for a new owner(s) for this unique opportunity. This business is on the market for the first time ever! The price of the business includes $1.5Million worth of inventory. Please note that the property is also optional and the price for the property is $3,500,000 (the business sits on land that is around one acre). In my opinion, the right party can easily take this business and upgrade it significantly with just a little bit of an effort. The business has everything it takes; equipment, customer database, long time business reputation, well known company name and phone number (over 20 years old), and established clientele! The inventory is around $1.5 Mill. In 2016, owner made around $639,000 in cash flow (after every single expense) but he believes this can be upgraded significantly with just a little bit of an effort. Please be prepared to sign a Non-Disclosure Agreement and provide some info regarding funds.
Inventory: $1,500,000 (Included in Price)
Training & Support:
Seller will assist with training and transition.