Extraordinary Retail Lighting Store

Listing Number: 7101-491677

Description

Unique opportunity to acquire a fabulous retail lighting business in beautiful Daytona Beach! Started 1 year ago by a long-established countertop and cabinet business, the sellers invested over $1,000,000 in the build-out and displays. The 11,5000 sq. ft. building features an 8,000 sq. ft. showroom that is a destination experience like no other in Florida, featuring all types of lighting fixtures and ceiling fans. Trade partners include builders, architects and interior designers. Experienced staff in place. Great opportunity for an established national or regional lighting dealer to acquire a beautiful showroom and expand to the growing Daytona area where there is limited competition at an asset price. Sale includes over $300,000 in inventory. Significant opportunities to grow by expanding the trade partner base and developing the retail brand. Seller owns the building and will lease to the new owner in a move toward retirement. You have to see this one to appreciate it.

Listing Details

  • Price: $1,300,000
  • Down Payment: $1,300,000
  • Sellers Discretionary Earnings: $124,319
  • Total Sales: $677,369
  • Location: Volusia County, Florida

  • Inventory: $300,000
  • FF&E: $40,000
  • Employees: 3
  • Year Established: 2019
  • Reason for Selling: Other businesses
  • Category: Hardware Ret Related
Extraordinary Retail Lighting Store

Contact Agent:

John Zarou