Outdoor Architectural Lighting & Low Voltage Electrical

Contact Seller
Asking Price:
$575,000

Gross Revenue:
$579,000
Cash Flow:
$215,950
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$85,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

An established, well respected and profitable specialty outdoor lighting business that custom designs, installs and maintains architectural accent lighting systems and landscape lighting systems serving a major portion of the state of Virginia for over 17 years. The company offers full-service, residential and commercial outdoor lighting systems that illuminates and highlights the beauty of the exterior features of the home, landscape or commercial property.

About the Business

Year Established:
1998
Number of Employees:
1 FTE; 10 PTE
Relocatable:
Yes
Facilities:
The business is operated out of leased office space within the service area however it is believed that a physical location is not necessary to operate the business effectively. The current ownership has stated that a home office would be adequate for day-to-day operations. A storage facility is strategically leased in the middle of the service area in order for employees to conveniently maintain inventory and parts for jobs all over the state.
Market Outlook/
Competition:
The company has limited their opportunities to some extent due to the owner’s desire of being involved in the design, quoting and selling of projects. As a result of the owner’s time limitations, the company has more narrowly focused on larger projects while ignoring the larger middle market of homes. Growth opportunities in this industry are tremendous as more residential and commercial property owners take notice of the beauty enhancement that these lighting systems can bring to a property. There is also believed to be more work in the service and maintenance side of the business that can be tapped into as well.

The competition in this industry comes mostly from Landscape and Irrigation companies that are trying to expand or add another arm to their business. The disadvantages that this type of competitor faces is that they do not have the experience, knowledge, reputation or expansive former client base to draw business from. The company has 17 years of experience, a skilled labor force, professional presentation/design and an impressive portfolio of work done around Virginia.
Contact the Seller

About the Sale

Reason For Selling:
Owners are looking to retire.
Training/Support:
Will train for 4 weeks @ no cost.
The company offers customized design, installation and maintenance of outdoor lighting systems for high end to moderate homes and commercial properties. Products installed are of exceptional high quality. Products provided by manufacturers come with a 10-year to lifetime warranty. The Company is a Class A Licensed Contractor in the State of Virginia.
Seller Financing:
Lender pre-screened with $143,750

Listing Info

Keywords:
Construction, Lighting, Contractor, Outdoor Lighting, Virginia
ID:
1401940
Ad Detail Views:
42

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Russ Bieber

Murphy Business & Financial Corporation

 Show Phone Number

View My 947 Active Listings
Memberships:

   
   
U.S. Census Data for Virginia
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 Virginia
Income

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.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.