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Listed by:

The Firm

One Of Largest Lighting Retailers In Houston For Sale

Houston, Texas
Asking Price:
$1,450,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,894,381 (USD)
Cash Flow:
$382,171 (USD)

Lighting up the Greater Houston area with chandeliers, flush mounts, and pendants, this retailer gives customers thousands of choices to light their home, office, or business. Customers are mostly residential with some commercial projects, custom home builders, and general contractors. Expertly merchandized with beautiful displays and crystals dripping from overhead fixtures, this showroom is truly something to see. The beautiful space features everything from traditional to modern styles in finishes from brass and gold to oil-rubbed bronze and black. Customers may order specialty items from the retail location or online store or choose from hundreds of in-stock items that can be taken home that day. The $700,000 in inventory includes both showroom items, in-stock fixtures, bulbs, and accessories.

The effective and efficient team of three employees manage the showroom floor, handle administrative tasks, and manage the warehouse. The owners both work in the business managing the day-to-day operations, showroom design, inventory, and bookkeeping. Though revenues have been impacted by Hurricane Harvey, rebuilding in the area is picking up, bringing more customers through the front doors. Future growth could come as a result of advertising, expanding online sales, marketing directly to custom home builders to increase specialty item and outside sales, as well as adding sales representative to increase sales on the showroom floor.

Property Information

Real Estate:

Lease

Location:

Location: Greater Houston Area
Service Area: Greater Houston Area with some national clients

Premises Details:

Building: 22,500 sq. ft.: Large and beautiful show room, warehouse, breakroom, private offices

Business Operation

Expansion Potential:

Growth Opportunities: Advertise, market to custom builders and general contractors, expand online sales, add sales representative to build revenue, add outside sales, engage on social media

Reasons for selling:

Reason for Selling: Retirement planning

Employees:
3: Showroom manager, administrative, warehouse
Years established:
20

Other Information

Support & training:

Seller Training Period: 90 days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$133,000 (USD) - included in the asking price
Inventory / Stock value:
$700,000 (USD) - included in the asking price
Related Documents:

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