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Well-Established Lighting Studio Sales Design And Installations In White Plains For Sale

White Plains, New York, US
Asking Price:
$950,000
Sales Revenue:
$2,900,000
Cash Flow:
$450,000

This is a successful and well-established premier lighting sales and design business providing high-end quality products and professional design services for residential and commercial clients. The company operates out of a beautiful space, professionally built with an onsite 2,600 sqft showroom. The collections in the showroom are rotated 4 times a year. The business features a state-of-the-art lighting laboratory that provides clients with options, upgrades, repairs, energy efficient products etc.

Established in 1973, and benefits from an excellent reputation for high quality work. Open 5 days a week.

The business is priced to sell. Seller will provide-hands on training to ensure a smooth transition. The seller is seeking retirement.

For more information, please contact:

• Asking Price: $950,000
• Annual Cash Flow: $450,000
• Gross Revenue: $2,900,000
• Inventory: $700,000
• Work in process: $800,000
• Employees: 11 FT
• Monthly Rent: $6,500
• Security Deposit: $13,000
• Payroll: $425,000
• Down Payment: Negotiable
• Open: 5 Days a week
• Building Size: 2,600 Sq Ft.
• Established: 1973

Property Information

Real Estate:

Lease

Location:

White Plains

Premises Details:

Single location.

Size in square feet:
2,600

Business Operation

Expansion Potential:

There is plenty of room for expansion and growth.

Reasons for selling:

Seller is seeking to retire.

Employees:
11 FT
Years established:
1973

Other Information

Support & training:

Seller will provide support and training to ensure a smooth transition.

Inventory / Stock value:
$700,000