Active
Lighting Business with 125% Revenue Growth Rate
| Listing No: BBF-966-52427 | *May Qualify For Visa* |
| Category | : | Construction | SIC | : | 1731 | |
| Detail | : | Lighting Contractor | Price | : | 1,8500,000 | |
| County | : | Collier | Down | : | 320,000 | |
| State/Prov | : | Florida | Disc Earn | : | 585,673 | |
| Country | : | USA | Sales | : | 1,416,604 |
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The business was established by the current owners in 2020. The business began running in March of 2020 and has seen tremendous growth since inception. The business grew by 331% from 2020-2021 and 166% from 2021-2022 with a revenue growth rate of 125%. The owners began the business from the ground up and have put together a great product, exceptional service, and reliable staff. They design, install, and maintain beautiful outdoor lighting for both residential and commercial customers. They are also unique in the way they approach their customers projects with a “design first” philosophy instead of just selling you lighting fixtures. They take customers from design to maintenance all in one company. That is how they can create a truly special lighting scene for their clients.
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| Reason for Sale | : | Family/Moving |
| General Location | : | SWFL |
| Organization Type | : | 'LLC' Hours Owner Works: 40 |
| : | Years Established : 3 Years Owned: 3 Emp FT: 5 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 150 Years: 3 Weeks Training: 3 Cost: 0.00 |
| Operating dys/hrs | : | M-F 7:30-5pm |
| Skills/Licenses | : | General Business |
| Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N May Qualify For Visa: Y |
| Data Source | P/L Statement | ||||
| Year (Cash Flow) | 2022 (N) | (N) | (N) | ||
| Gross Revenue | 1,416,604 | 0 | 0 | ||
| Cost of Goods | 0 | 0 | 0 | ||
| Gross Profit | 1,416,604 | 0 | 0 | ||
| Expenses | 869,033 | 0 | 0 | ||
| Net | 547,571 | 0 | 0 | ||
| Owner Salary | 70,000 | 0 | 0 | ||
| Benefits | -31,898 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | ||
| Other | 0 | 0 | 0 | ||
| Discretionary Earnings | 585,673 | 0 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 60,000 | Y* | ___________ | 0 | N* |
| F F & E | 83,000 | Y* | Total Assets | 143,000 | Y* |
| Leasehold | 0 | N* | *Included? |
| Lease/Month: 400 | Square Footage: 250 | Building Type: Storage |
| Terms & Options: | Expiration Date: 12/30/2023 |
| Loan/Assumable | - Amt: | 1,280,000 Mos: | 120 Rate: | 9.25 Mo Pmt: | 16,388.19 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| GREGORY T. BELL | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | (913) 226-7735 | |
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | ||
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | Cell | : | (913) 226-7735 |
| NAPLES, FLORIDA 34105 | : | [email protected] | ||
| USA | Home Page | : | sunbeltofflorida.com |
Listed By: Greg Bell
Background information
Reference:
52427
Year established:
2020
Reason selling:
Family/Moving
Finance
Sales:
$1,416,604
Profits:
$585,582
Profit type:
Discretionary Earnings
Operations
Employees:
5 FT Employees
Equipment:
List avaialble upon request. Value $83000.00
Inventory:
Inventory included with approx. value of $60,000.00
Premises
Facility:
The business rents a 5X10 storage unit for inventory and supplies. They also rent an office for administrative work.
Square footage:
250
Rent and lease terms:
Rent is approx. $400.00 a month.
Location:
Collier County
Opportunities
Growth:
The business is the highest-rated outdoor lighting company in SWFL. The business has an advantage over its competition with its exceptional sales and design processes. Its closure rate is roughly 90%, and is constantly winning jobs over cheaper landscape lighting companies because of its proven processes that leave customers impressed and confident in moving forward. The business also has the potential for expansion or franchising with all the processes in place that make the business scalable and repeatable.
Market:
The market is growing every day with over 1,000 people moving to Florida each day. SWFL is one of the fastest growing areas of Florida and Collier County is one of the wealthiest counties in the county.
Price and terms
Price:
$1,850,000
Down payment:
$320,000
Financing:
Seller finaincing available for the right buyer and offer.
Training:
Owners are willing to train up to 3 weeks.