Listing Number: 16754-130557
Successful family owned lighting, lamp and fixture store located in Stanislaus County. This beautiful store is embedded in the heart of a busy town surrounded by multiple anchor stores that generate significant foot traffic. This lighting store has a massive showroom that showcases the breadth of their products offered which include: recessed lighting, pendant lighting, chandeliers, flush mount lighting, mounted fans, bathroom lighting, and exterior lighting. The building has a 5200 square foot main showroom, a large basement for storage of inventory, and an upstairs office with a breakroom for employees. The current owner owns the property and has expressed a willingness to provide favorable lease terms for an incoming buyer.
Current marketing efforts primarily target the construction industry and could expand the campaign to reach more of the residential based consumers. Marketing platforms are limited to direct mail and local word of mouth advertising, leaving room for digital advertising and a stronger social media presence. The main distinctions of clientele are residential, wholesale, and construction contractors. A more efficient advertising plan that effectively pinpoints key demographic groups could help drive profits for new ownership.
The owner has been in the lighting business for nearly 40 years and has solely built this company to the successful operation that is has become today. The owner works full-time and is looking forward to the next chapter of life as they settle into retirement. The owner offers 2 weeks of transition training and is willing to negotiate further training time if needed. This unique turnkey opportunity is highly successful and has even more room for growth with an invigorated owner.
- Price: $425,000
- Down Payment: TBD
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Stanislaus County, California
- Inventory: $0
- FF&E: $0
- Reason for Selling: Retirement
- Category: Hardware Ret Related