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Lamp & Lighting Gallery

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Fairfax Co., VA   |  Retail Stores for Sale – Other Retail Stores Businesses for Sale   |  Businesses for Sale Between $250k and $500k

Asking Price:
$275,000
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Gross Revenue:
$868,000
Cash Flow:
$150,000
EBITDA:
 Not Disclosed
Inventory:
$80,000
included in asking price

FF&E:
 Not Disclosed

Real Estate:
 Not Disclosed

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Business Description

Owner is retiring after 29 years of successful operation. The business is located in a high traffic shopping center with huge signage and excellent visibility. The labor cost is very low and employee turnover is almost zero. They carry variety of attractive lamps, lighting from popular brand. The company provides repair service and costume built lamps. They provide installation through their independent contractor. The company has served thousands of loyal customers who have been referred to this company or visited their gallery. The business does not have a website and is missing retail sales on internet.

About the Business

Year Established:
1987
Number of Employees:
1
Facilities:
The business is conducted from beautiful 3000 sq ft of showroom with huge signage, visibility, and plenty of free parking. The plaza had high traffic.
Market Outlook/
Competition:
There is almost no competition close to this business to provide the same service they provide. The business has provided an excellent service to their clients during past 29 years. People living or working in Fairfax, and even in further distance patronize this gallery and recommend their service and products to friends and family.
Growth & Expansion:
The business does not have a website and does not enjoy handsome sales through e-commerce and selling product through internet. New owner might be able to carry and sell some other synergy products. Currently they just sell few items via eBay only.
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About the Sale

Reason For Selling:
Owner is retiring after 29 years of successful operation.
Training/Support:
Owner is willing to provide two weeks of training free of charge to buyer and willing to stay up to 3 month based on employment agreement mutually agreed by both parties.

Listing Info

BizQuest Listing ID:
1271340
Ad Detail Views:
153
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Business Listed by
Mike Zarinbaksh, MBA, CBI
SUNBELT BUSINESS ADVISORS

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U.S. Census Data for Fairfax, Loudoun and Fairfax city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Fairfax, Loudoun and Fairfax city Counties, VA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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