Traditional Home Lighting Retailer
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $937093
Net Profit / Cash Flow $156180
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The vendor is happy to provide training for a period of time to be negotiated prior to the sale.
Reason for Sale The vendor is now looking to consolidate.
Description Traditional Home Lighting Retailer with Commercial Department
Confidentially offered for sale
Ref No: JC025
Location: Cardiff, Wales
Leasehold
Asking price: œ450,000
Turner Butler is delighted to offer for sale this specialist, profitable retailer of superior quality lighting products, which was established over 30 years ago and is only now offered for sale due to our clients wish to consolidate. The business has a turnover of approximately œ600,000 per annum with a gross profit of 57% and Net Profit circa œ100,000. The company retails a vast selection of lighting products and claim they have the largest display of its kind in Wales. Products include ceiling and wall lights, table and floor lights, spotlights, outdoor lights, fans, LED, shades, accessories, sockets and switches & light bulbs and commercial lighting. Experienced staff are fully trained in the A-Z of the lighting business.
This is an excellent opportunity to acquire a successful and well-established profitable business.
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