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71229-Profitable Lighting Installation and Sales

For Sale in CO

Listing ID: 71229 | Broker Listing ID:

Financial & Assets Details

$1,528,000
$254,000
$230,000
$244,000

About the Business

Yes
2005
9 FT
Yes

Business Description

Revenues projected to exceed $1.8M in 2016! Servicing the regional area of Colorado, this full service distributor specializes in commercial and residential LED lighting systems. Currently, 35% of revenue derives from LED lighting and fixtures sold to a wide variety of businesses. Meanwhile, 30% revenues come from the sale of LED lighting and fixtures sold to city and county governments, and local education facilities. Another 25% from LED lighting and fixtures sold to existing homeowners and general contractors building new homes or doing remodeling projects and lastly, 10% sold to large industrial businesses. The company provides turnkey commercial lighting, LED upgrades, and new construction and remodeling installation with their team of experienced subcontractors. Additional sales efforts for retrofit lighting upgrades could definitely accelerate company growth. Direct customer contact is the preferred means of advertising. While they maintain a website to help promote its products, the bulk of the revenue is from repeat customers and word-of-mouth referrals.

Established over ten years ago, the company continues to attract new customers while maintaining its reputation with existing ones. This company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. The current owner is approaching retirement and ready to see a new owner take the company to the next level. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.

Seller Financing

Negotiable for the right buyer

Support & Training

Owner Wiil Remain For Transition. While the owner is approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.

Listing ID: 71229

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