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Ohio Lighting Distribution, Retrofitting, & Design for sale in OH

Ohio (OH)

Asking Price: Gross: Cash Flow:
$ 1,050,000 $ 2,078,266 $ 355,593

Furniture and Fixtures Value:
$ 350,000 (included in the asking price)

Inventory Value:
(included in the asking price)

Business Summary:
Over $2MM in sales for this Ohio lighting distribution, retrofitting, and design company! With national customers across two states and $2MM in sales, this company has over $575,000 in equipment, vehicles, and A/R. Working with commercial, industrial, and manufacturing clients, this business brings quality customer service and effective lighting solutions to the forefront. With a specialization in retrofitting old fixtures with new, energy efficient illumination, this company helps its customers reduce expenses, improve brightness, and decrease energy use. This company can also guide a customer through their many options and help layout and design lighting systems that best address a customer’s needs. Operating as an ESCO business, this company is well-positioned to work with green customers looking to be mindful of their energy use. The company is fully staffed with eleven employees including two office managers, an office administrator, six sales representatives, and two delivery drivers. The owner currently acts in an oversight capacity.

This lighting company maintains two business locations, each with plenty of private offices and ample warehouse space. There is plenty of space to be utilized here – one location has 5,500 sq. ft. and the second has 11,000 sq. ft. This company could be condensed, if desired, to reduce expenses. The merger would reduce the overhead significantly, yet a buyer could easily maintain sales staff in the area without a physical location. Solid management is in place, employees are well-trained, and many have good tenure with this company.

 

   
Year Business was Established: 2004
   
Number of Employees: 11: Office Manager (2), O  
   
Facilities / Terms of Lease: Location 1: 5,500 sq. ft. with 1,500sq. ft. office space, remaining is warehouse (rack and open); Location 2: 11,000 sq. ft. with 1,500 sq. ft. office space, remaining is warehouse (rack and open)  
   
Owner willing to finance: 10%  
   
Owner willing to train: 6 months  
   
Reason for selling: Divestment  
   
Seller Reference Number: CON050
BusinessMart.com Listing Number: 242119
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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