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Listed by:

Transworld Business Brokers of North Florida

Extraordinary Retail Lighting Store For Sale

Volusia County, Florida, US
Asking Price:
$1,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$677,369
Cash Flow:
$124,319

Unique opportunity to acquire a fabulous retail lighting business in beautiful Daytona Beach! Started 1 year ago by a long-established countertop and cabinet business, the sellers invested over $1,000,000 in the build-out and displays. The 11,5000 sq. ft. building features an 8,000 sq. ft. showroom that is a destination experience like no other in Florida, featuring all types of lighting fixtures and ceiling fans. Trade partners include builders, architects and interior designers. Experienced staff in place. Great opportunity for an established national or regional lighting dealer to acquire a beautiful showroom and expand to the growing Daytona area where there is limited competition at an asset price. Sale includes over $300,000 in inventory. Significant opportunities to grow by expanding the trade partner base and developing the retail brand. Seller owns the building and will lease to the new owner in a move toward retirement. You have to see this one to appreciate it. Please refer to listing number and advisor John Serb when inquiring on this listing.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 10206 Square Footage: 11500 Building Type: Free Standing
Terms & Options: Y Expiration Date: 12/31/2020

Size in square feet:
11,500

Business Operation

Reasons for selling:

Other Interests

Trading hours:

M-F 10-6, Sa 10-4

Employees:
3
Years established:
1

Other Information

Support & training:

Seller will train for 2 weeks at no cost.

Furniture / Fixtures value:
$40,000 - included in the asking price
Inventory / Stock value:
$300,000 - included in the asking price

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