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Listing No.: 101-16259
Category: Distribution, Service - Commercial B2B, Wholesale
Asking Price | $600,000 |
Down Payment | $300,000 |
Gross Revenue | $1,319,389 |
Total Adjusted Net Income | $188,518 |
Equipment / Fixtures | $50,000 |
Year Established | 1995 |
General Location | Las Vegas |
This mostly commercial lighting business has been distributing lights in Las Vegas for decades! This business is very well known in the industry and the customer base consist of national brands, hospitals, property management companies, hospitals and more. The owners run the business remotely from another state and feel sales could be increased dramatically by the new owner being more hands on and increasing sales staff. The owner states he expects sales to jump about 30% now that businesses are open again. This opportunity won't last in the city of lights!! Contact us today for more information.
Gross Revenue | $1,319,389 | Listed Price | $600,000 |
Total Income | $188,518 | Down Payment | $300,000 |
Base Rent | $3,967 | Square Feet | 4315 |
Total Rent | $4,968 | Lease Expiration | 03/2022 |
Rent Deposit | $3,967 | Lease Options |
Inventory | $40,000 | Leasehold Improvements | $0 |
Equipment / Fixtures | $50,000 | Other Assets |
Full-Time Employees | 3 | Training Period | 30 days w/manager |
Part-Time Employees | 2 | Special License Required | |
Contract Staff | Reason for Selling | Retirement |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.