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Retail Lighting Products And Services
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $315000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1968
Number of Employees 1 - 3
Inventory 150000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Owners have agreed to remain for transitioning up to one year to train the new owner.
Reason for Sale Retirement.
Description This listing has been lighting the way for its community since, 1968 when it was first started. The focus of this business is standard and custom lighting, lampshades, lamps along with repair and restoration of chandeliers and other lighting fixtures. Their main clients include home builders, interior designers and decorators and the general public of the area. The store has over 3500 sq ft of display where hundreds of lighting options can be seen by customers. In addition to lighting and lamps some accent furniture and custom lampshades are available. This business is well known for their custom lamps, taking anything from an old worn out instrument to an old set of golf clubs and turning it into decor with a purpose. With custom vases, bases and shades they'll help you find the perfect option for any living space!
This unique family owned shop is just the kind of establishment people of Texas love to see, whether they live in the area or are just passing through. The little Texas town is a growing community, and many of the neighboring shops on the city street offer similarly unique antiques and gifts. The owner inherited the business through his father, along with years of lighting experience and a reputation for the best customer service in town. Having reached the age of retirement he will be selling the business to facilitate this need. For more information on this listing and for any questions you may have, feel free to contact our offices today!
The company offers retail lamps, lampshades, chandeliers and custom lamps as well as lamp and chandelier repairs.
The business operates out of 8300 sq ft total building space, the same building it has occupied for over 40 years. The buildings are well kept and includes a 2700 sq ft central shop area,a 3600 sq ft lodge with 2 stories and a 2000 sq ft house area. Valued at $425,000 the real estate is additional cost. There are financing terms available with the real estate.
Approx 80% of clients are repeat clientel
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