Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Retail Lighting 26; Wholesale

LISTING DETAILS
Firms For Sale ID:
10153
Vendor reference:
941861
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$600,000  
Turnover / revenue:
$258,000
Net profit / cashflow:
$1,608,949

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
BUY 24;258,000 92;08 EARNINGS, 24;1.6 MILLION 92;08 SALES, 26; 24;500,000 IN INVENTORY FOR 24;120,000 DOWN 96; HOLD 26; MANAGE FOR TURNAROUND TO PRIOR 24;3.6 MILLION SALES 26; 24;2 MILLION GROSS PROFIT MARGIN LEVELS21;LIVE IN THE SAN DIEGO RIVERIA. VISIT ITALIAN AND SPANISH RIVERIA YEARLY WHILE SHOPPING FOR THE MOST ELEGANT LIGHTING FIXTURES IN THE WORLD FOR YOUR VERY HIGH END CLIENTELE 96; ENJOY THE BEST OF BOTH WORLDS.Elite clientele for your high end lighting fixtures include hotels, casinos, and the homes of La Jolla, Del Mar, and Rancho Santa Fe.Seller92;s loss can be your gain. Parkinson92;s limits physical mobility in a great mind 96; trapped in a less responsive body. Plus a dishonest bookkeeper and a dispute with a manager leaves Seller 93;fed up94;. Act now 96; before Seller decides to take a further loss and just liquidate.This business was doing 24;3.6 million sales, with 2.2 mark-up (24;1.6m CGS 26; 24;2.0m GPM). Active and knowledgeable entrepreneur is required to take charge. Resume Sunday selling and longer hours. Add another outside sales person. Grow 96; with a fall back safety net.2008 mark-up on inventory was down to 1.8. Replacement cost for leasehold improvements is 24;500,000.SBA Lender Bank Prequalifies Deal for 80%; Financing in This Market21;Alternative Seller Financing: Seller believes in business, and will carry 24;250,000 note with 24;350,000 down payment for the balance.For more information, please contact Joe Gertz at (858) 945-5700.