Popular Home Lighting & Accessories Company in West Houston For Sale

Listing: # 8284
Price: $ 1,625,000
Location: West Houston
Listing Profile
Classification: |
Retail |
Purchase Price: | $1,625,000 |
Real Estate Price: | $0 |
Working Capital: | $0 |
Total Investment: | $1,625,000 |
Down Payment Required: | $1,625,000 |
Gross Revenue: | $2,415,598 |
Discretionary Earnings: | $404,887 |
Imputed Rent: | $0 |
Total Cash Flow: | $0 |
Description and Operations
Established Date: | 2013 |
Monthly Rent: | $8,400 |
Reason for Sale: | Retirement |
Employees(Full): | 2 |
Employees(P/T): | 0 |
Reason for Sale:
Retirement
Description:
This popular home lighting, hardware and accessories company has been operating profitably since 2013. The business has two particularly strong attributes: the customer profile is an equal mix of discerning consumers as well as local home builders and designers; and the location is in a prosperous suburb west of Houston. The attractive showroom is well away from the hectic big-box shopping centers (and any other lighting store) and offers customers a more comfortable shopping environment. This is not a chain store, it is a local merchant that is part of the community and caters to the needs of the community. The lighting selection is huge. Popular trends in lighting often change, so an expert retailer can add substantial value to its customers. The company always keeps the best-selling products on hand and can easily procure special requests and the unusual items through its vast +150 supplier network.