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Listed by:

The Firm

Lighting Maintenance And Distribution Absentee Owner For Sale

Phoenix, Arizona, US
Asking Price:
$1,795,000 (USD) Furniture / Fixtures included
Sales Revenue:
$5,119,991 (USD)
Cash Flow:
$485,906 (USD)

With over 20 staff in place allowing for passive ownership, this full-service lighting provider has mastered design, distribution, installation, maintenance, and repair since 1998! The management team and staff are committed to stay post-sale and, with a 9,600 sq. ft. headquarters in Phoenix, Arizona and one satellite branch, this business continues to meet the needs of over 3,000 active clients nationwide. The majority of customers are in the United States (90%), while 5% of clients are located in Canada and another 5% are in Central America. The current management and staff allow for consistency of service. The staff is well-trained, and many employees have been with the company for 5-20 years. Team members include a sales department, a solid warehouse staff, a knowledgeable management team, and 1099 contractors are hired as needed. The management team is planning to stay on, ensuring continuity of operations.

Working with commercial and industrial businesses is the focus of this company. Large restaurant chains, hotels, multi-family housing projects, universities, and industrial customers are only the beginning of the diverse and impressive client list that results in steady work throughout the year. Providing excellent customer service, they seek to buy and sell products at the lowest price possible. Due to their approach, they can provide products and services for far less than their competition.

At the purchase price of 1,795,000, a 12.5% down payment of $224,375 returns $221,959 in the first year after debt payments, which is a 99% return on investment.

Property Information

Real Estate:

Lease

Location:

Location: Phoenix, Arizona
Service Area: United States (90%), Canada (5%), Central America (5%)

Premises Details:

Building: Location 1: 9,600 sq. ft. Location 2: 5,000 sq. ft. Location 3: storage only

Business Operation

Reasons for selling:

Divestment

Employees:
23: Sales (8), COO (1), Office Manager (1), VP (1), Operations Manager (1), Sales Director (1), Accounts Manager (1), Warehouse (9), 1099 (as needed)
Years established:
1998

Other Information

Support & training:

Seller is largely absentee; Management is planning to stay on

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

PPurchase Price: $1,795,000

12.5% Buyer Down Payment $224,375
12.5% Seller Financing $224,375
70% Bank Loan $1,346,250

A 12.5% down payment of $224,375 returns $221,959 in the first year after debt payments!

Furniture / Fixtures value:
$340,000 (USD) - included in the asking price
Related Documents:

Contact Information

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