Retail/Wholesale Lighting Supply Store for Sale
Middlesex County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $265,000 |
$600,000 |
$127,930 |
Inventory Value:
$100,000 (included in the asking price)
Business Summary:
Well established lighting supply company located on a busy main road in a downtown shopping area. Assortment includes well known designer brands at competitive prices. Works with local decorators, contractors and builders in addition to retail customers. Has a strong local online presence with links to 20 websites as part of the advertising program. All sales are COD. Van for special deliveries included in the purchase of the business. Full basement provides plenty of storage space. Recently negotiated lower rent which remains flat with no increases through 2014. Lease includes 5 yr option. Financials based on 2012 results adjusted for 2013 expense savings and current sales trend.Business is offered at $265,000 which includes the $100,000 inventory, with a down payment of $165,000 and the seller will finance the $100,000 balance with terms negotiable. Final total price will be adjusted based on inventory level at time of purchase.For further information, call broker Paul Holveck at 908-851-9040 x277
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| Year
Business was Established: 1993 |
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| Number of Employees:
3 |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
Owner will provide two weeks on site training |
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| Reason for selling:
Owner is retiring |
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| REQUEST MORE INFO |
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