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Asking Price$1,500,000
Revenue$891,260 Established1992
Cash Flow$478,567 Employees2 full, 1 part
FF&E$255,000* FranchiseNo
Inventory$35,000 RelocatableYes
Real Estate$300,000* Home-basedYes
* Included in Asking Price
This firm manufactures, sells, installs and services custom lampposts, mailboxes and other items found in new home communities and other commercial development projects. It has been in operation since 1992, resulting in thousands of unique, custom lampposts and mailboxes onsite in the many developments where their products have been sold. When one is damaged, the firm is the only with the forms needed to make repairs because the products are so unique. The current owner has had the business for 9 years.

The customer base is builder/developers when they design a new community or commercial project and then the various HOA/POA's where the firm has supplied products. Also, Community Association Management firms who are managing the associations where product has been supplied in the past as well as some municipal governments. There is a significant level of exclusivity with this business due to the unique nature of the product. If a light pole is damaged it must be repaired, and if this firm provided the pole, they are the fastest path to a repair or replacement of the fixture. Because this firm can be a "one-stop shop" for its customer base they are the preferred vendor for Associations and Association Managers who just want their "problem" handled. The firm has provided products in approximately 250 new home communities that were developed over the past 25 or 30 years, which makes for strong residual business. Also, there are ongoing service contracts in place for the street lighting in around 10 associations and there is one contract with a municipality. At this point, a great deal of the business revenue comes from maintenance and repair of existing products in the field and replacing products that are damaged.

There is a great deal of upside for this business. Currently, the business is marketed only by Word-of-Mouth. The firm has never had a website and the owner feels that a dynamic website would likely increase sales substantially. In addition to no online presence, the owner does no advertising and turns away a lot of business. There are 2 FT and 1 PT employees.

The business is currently operated from the owner's home, but the purchase price includes a very well located one-acre storage lot that has been improved for development of a 3,000 s.f. warehouse building.
Facilities:Home-Based, but price includes a vacant storage lot with sheds and enclosures
Training/Support:Seller will provide 30 days of familiarization to the new buyer at no additional cost.
Sale Reason:Seller relocating in 2 - 3 years
Ad #128642
Seller Reference #8003-71437
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Contact This Seller
Richard Green
Green & Co. Business Brokers
800-648-2620
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