New Business For Sale: 50% ROI Retail Lighting 30+ years in business
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The Biz Blog
December 20, 2019 by Betty Jong
Betty Jong just launched a new listing: 50% ROI Retail Lighting 30+ years in business
50% ROI Retail Lighting 30+ years in business
Asking: $1,800,000 • Gross: $3,500,000 • Net: $500,000Amazing opportunity to own a 30+year running, well-established, innovative lighting retailer in upscale West Coast markets
The company has a successful formula for achieving consistently high margins on premium lighting products. The Company appeals to both the professional and consumer with properly designed showrooms that feature lighting equipment in optimal settings. The Company has built strong business relationships with architects, contractors, designers, and electricians, and maintains these relationships with the loyalty rewards program.
The Company hasn't gotten into e-commerce online business yet, if the new owner has a business plan to set up an online store, revenue will rapidly grow to compare to the current physical retail store only. Also, 2020 is expected to be driven by optimism surrounding a strong housing market and favorable mortgage rates.
Betty Jong
Email: bjong@bizex.net
Office: (310) 882-2200 ext 161
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/betty-jong
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