Established Wholesale Lighting Distributor

295

This lighting wholesale company has been operating for the same owner for 33 years. Business has a reputation of honesty and integrity within the community. This business has many repeat customers from Condo Associations, Apartment Managers and Developers. This is an owner-operator business with tremendous opportunity for growth. The vast majority of this businesses revenue is business to business with repeat customers. Located in an extremely busy corporate park with lots of traffic from other business owners.
This business focuses on everything light bulb from flooding, indoor/outdoor, exit lighting and more. Sales comes from contracts with Condo Associations, Apartments and walk-in business. Over 40% of sales come from walk in business while 60% of sales come from outside sales/email orders.

Required Licenses: None

Competition:

There is 1 local competitor plus some online websites that sell similar products

Growth Potential:

This Business shows a huge opportunity for growth with several potential revenue streams and increased marketing exposure. Social Media, Google and other forms of marketing can bring in potential revenue with the correct approach. Local marketing via networking engagements and memberships within local organizations can grow local business. There is also potential for revenue through websites like Amazon, Ebay and other ecommerce platforms. Business does not currently have a website at this time, which is another potential income earner as it proves relevancy and can offer customers the ability to contact direct for sales or contract quotes. New owner could also gain more business by reaching out to local builders and contractors.

Training/Support:

Owner is willing to provide 2 weeks training at no cost.

Sale Reason:

Retirement