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    • Lighting Dealer for Multi-Family & Single Homes

      Lighting Dealer for Multi-Family & Single Homes

      Business Type

      Retail - Home Furniture and Furnishings

      Area
      County State Iowa
      Property Status Business Space for Lease Asking Price $325,000.00
      Down Payment $32,500.00 Total Debt
      Gross Sales $1,555,662.00 Total Income
      Total Expenses Terms
      Listing Flyer
      Summary
      For over 70 years in eastern Iowa, this lighting solutions company has grown from a small electrical business into a major supplier for area builders. Specializing in high-end residential and multi-family properties, 85% of business comes from builders, with the remaining 15% coming from retail sales.  Customers can choose from lamps, sconces, and pendants to directional lights, chandeliers, exterior lights and more.

      The company is a second location for a business that is looking to move toward a focus in interior design. On staff are 6 employees, with 4 in Sales and 2 in the Warehouse. The business occupies a 7,500-sq. ft. space in a strip mall, with the lease covering both a showroom and a warehouse.

      A buyer could look to grow the company by operating as the General Manager, or look to promote one of the Salesmen to GM. While the company has a good website, there is not integrated online purchasing available, which a buyer could pursue. A quicker way to expand would be through social media ads on a number of platforms.

      If you’re looking to expand your territory, break into a new area or simply want to own your own company, this is a great chance to take a family-owned business to the next level.

       
      Print Listing
  • Lease / Asset Information
    • Rent $6,019.00 Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet 7500
      Inventory $300,000.00 Inventory Included Yes
      Furniture, Fixtures, and Equipment (FF&E) $67,128.00 FF&E Included Yes
      Other Assets Chevy HHR - $14,319 Assets Included Yes
  • General Business Info
    • Other Information
      Employees 3 Part Time Employees 3
      Hours Open Days Open Mon - Fri
      Year Established
      Training
      Selling Reason Next generation of owners are not interested in lighting
      Property Features
  • Images
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Information

Contact Name Cortney Sells
Phone # 402.998.5288
 

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