wholesale/retail B2B commercial lighting

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Business Description

Established in 1994. This business is a blend of wholesale, retail and service predominantly working with contractors, designers and businesses. They have recently established a website to handle online sales. The founder of the business retired 2 years ago. The current operator has been with the business 10 years and would stay on if the new owner desired. The discretionary income for a new owner based on the 2018 tax return is in the $135,000 range. This is prior to hiring an assistant or keeping the current operator. We are asking $250,000 for the business which includes about $15,000 in inventory.

About the Business

Location:
Atlanta, Georgia
Year Established:
1994
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
960
Rent:
$1,600.00 Per Month
Lease Expiration:
7/31/2021
Facilities:
960 Sf located in Americas Mart in downtown Atlanta.
Market Outlook/
Competition:
typical
Growth & Expansion:
The owner believes there is growth potential through the current model and the addition of online sales.
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About the Sale

Reason For Selling:
owner retired
Training/Support:
yes
Seller Financing:
25%

Listing Info

ID:
1626090
Ad Detail Views:
0
Asking Price:
$250,000

Gross Revenue:
$404,000
Cash Flow:
$135,000
EBITDA:
$135,000
Inventory:
$15,000
included in asking price

FF&E:
$5,000
included in asking price

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Business Listed by

Matt Wochele

Preferred Business Brokers, Inc.
License# 178746

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U.S. Census Data for Cobb, DeKalb and Fulton Counties, GA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Cobb, DeKalb and Fulton Counties, GA
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Source: American Community Survey (2010-2014), United States Census Bureau.

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