Listing Number: 0873-144265
This business has been in operation for nearly a century and has, over time, sharpened its focus to the repair and sale of vintage and antique lighting fixtures. This shop has built a reputation for being able to refurbish many types of old fixtures and has a particular niche in the restoration of damaged antique fixtures, such as chandeliers and sconces, including irreplaceable crystal fixtures. They maintain a substantial inventory of antique parts of all shapes and sizes that allows them to restore damaged fixtures. They get business from insurance and moving companies to fix goods damaged by movers or remodeling work.
Their reputation has led to them, being called upon for substantial restoration projects around the Denver metro.
In addition to repair work brought into the store by customers, interior designers, and builders, the owners “shop” multiple resources for interesting fixtures that can be restored and offered for sale or that can become “donor” pieces that provide parts for repairs.
Like most retail establishments, this business suffered from the effects of the COVID shutdowns. However, they are seeing a bounce back in traffic at the store and are also currently engaged in a large restoration project at a historic venue.
The opportunities for a buyer of this business are significant. Currently, they do ZERO advertising, drawing all their work from word of mouth and their reputation in the area. A modern website with good SEO has the potential to boost business significantly. There is even the possibility of developing an e-commerce business for rare parts.
The sales price includes approximately $130,000 in refurbished fixtures and vintage parts.
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- Price: $ 300,000
- Down Payment: $75,000
- Sellers Discretionary Earnings: $ -1,776
- Total Sales: $ 122,827
- Location: Jefferson County, Colorado
- Inventory: $ 123,717
- FF&E: $ 80,000
- Employees: 3
- Reason for Selling: Retirement
- Category: Antiques