Listing ID: 81324
This business is one of the leading wholesale lighting suppliers in Northern Nevada with vast growth potential. They specialize in commercial grade LED products and provide service and technical support to their client base. The business focuses on the commercial and industrial sales, and they carry a large inventory of LED lighting products to fit any application.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Katrina Loftin at email@example.com or call (775) 828-5400 to receive a confidentiality agreement and to learn more about this opportunity.
The above referenced numbers and figures are per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.
- Asking Price: $925,000
- Cash Flow: $252,575
- Gross Revenue: $1,042,930
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2007
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:15,000
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
Seller will provide training at no cost to buyer.
The venture was started in 2007, making the business 15 years old.
The company has 4 employees and is situated in a building with approx. square footage of 15,000 sq ft.
The real estate is leased by the business for $13,177.05 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals resolve to sell businesses. However, the genuine factor and the one they tell you may be 2 completely different things. For instance, they may state "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competition, current reduction in incomes, or a variety of various other factors. This is why it is really essential that you not count absolutely on a seller's word, however rather, utilize the seller's solution together with your general due diligence. This will repaint a more realistic picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses take out loans so as to cover items such as inventory, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that profit margins are too small. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that should be satisfied or may result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location bring in brand-new consumers? Often times, companies have repeat customers, which create the core of their day-to-day profits. Specific aspects such as new competitors growing up around the location, road building and construction, and also employee turn over can influence repeat clients and negatively influence future profits. One vital thing to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the possibility to build a returning client base. A last thought is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Exactly how might the local median house earnings influence future earnings prospects?