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Friday, May 18, 2012
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Lighting Supply Distributor-Join the Exploding LED Market
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New York Metro - New York
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
Yes |
| Listing ID: |
74710 |
| Office ID: |
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| Status: |
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Listing Details
| Listed Price: |
$5,000,000 |
| Down Payment: |
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| Total Sales: |
$3,100,000 |
| SDE: |
$800,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
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Included? Yes |
| Real Estate: |
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Included? No |
| Inventory: |
$150,000 |
Included? No |
| A/R: |
$175,000 |
Included? No |
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| Reason for Sale: |
Retirement |
| Training: |
The Seller will provide training and an orderly transition to the new owner.
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| Financing Terms: |
Partial 3rd Party Financing is available |
Operations
| Year Established: |
1994 |
| Last Acquired: |
1994 |
| Form of Ownership: |
S-Corporation. |
| Home Based: |
No |
| Relocatable: |
Yes |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 9 / Part Time: |
| Managers: |
1 |
| Hours: |
Mon-Fri 7am to 5:30pm |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
2/10/2014 |
| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
The business is housed in a 5500 sq. ft. building conveniently located near a number of major interstate roadways. The facility itself is clean, up-to-date and fully functional. The warehouse makes up roughly 70% of the total building square footage and contains features such as easy accessibility for incoming trucks and highly functional racking and shelving. All inventory is arranged and stored in custom designed storage areas for easy picking. The office area is in pristine condition and contains IT and communications equipment that is fully functional. There is a robust computer network on-site with industry-leading software that accounts for all the companies’ business functions. The property is available for lease.
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Summary
| Business Description: |
This Company is a leading regional distributor and maintenance provider of commercial lighting fixtures and bulbs. Over its 17 years in business This firm has established an impeccable track record for providing high quality, cost-effective solutions for virtually any commercial lighting need. Additionally they are sought out buy leading multi-site retail businesses to provide energy efficient LED lighting systems that deliver years of service while significantly reducing utility costs. The company has an excellent reputation for outstanding customer service due to its professional and highly efficient staff. They are widely recognized as a company that is totally committed to reliability, quality and complete customer satisfaction. The company services well known names including McDonalds, Fairway, Radio Shack and most designer names in the fashion industry. |
| Historical Summary: |
Over the last 17 years this company has developed a solid reputation as a top distributor and service provider of lighting fixtures and bulbs with a strong emphasis on the sale and distribution of high efficiency LED lighting systems.They have established a significant competitive advantage in the marketplace differentiating itself by providing its customers with consistently high quality products, installed by knowledgeable technicians and fully backed up with exceptional customer service. |
| Owner Qualifications: |
Buyers must be willing to provide detailed financial statements that will demonstrate their financial capacity to consummate the transaction, as well as a resume and or other records showing that they possess the business skills and acumen required to successfully operate the business. Buyer must also have an excellent credit history and be amenable to a full background check. |
| Competition: |
Competition is very minimal and this firm maintains a significant competitive advantage, due to its ability to satisfy virtually all of its clients’ needs quickly and efficiently. As one of the best known and most highly respected distributors in the region,their reliability and exceptional reputation for quality products and services provides a strong platform for maintaining profitability and market share.
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| Potential Growth: |
This company has solid operational procedures in place that will allow it to handle significant growth for its LED lighting business. This is an explosive growth industry with LED coming into the forefront of the industry. The company believes that a well-planned and financed marketing campaign can significantly increase sales by promoting the companies key competitive advantages (personalized and knowledgeable service, a complete product line to fill any commercial lighting need and competitive pricing). Beyond its core product lines the company can act as a solid platform company or add on entity which can provide great synergies to other fast growing green products companies. |
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