LED Lighting Contractor

File# C2429
Location: Detroit
Business Price: $450,000 (includes building)
Down Payment: $150,000
Monthly Payment:$4,631.56
Interest Rate: 7%
Amortization Period:36 months
Gross Sales: $1,147,413
Source: 2017 Tax Return
Cash Flow: $188,680
Source: 2017 Tax return
Inventory: $115,000
Days Open: Monday - Saturday
Business Hours: 9 am - 6 pm
Seats: NA
Parking: Street
Licences Required:Subcontract w/licensee as necessary
Year Established:2014
Year Acquired: 2014
Building Price:included in Business Price
Building Terms:

Profile:

This business installs and services LED lighting and sells LED equipment. Established in 2014, this business has grown explosively, tripling its gross revenue in 3 years. Due to this company’s reputation for quality work and service and is subcontracting work with major energy suppliers and users in Michigan, Illinois and Ohio. This company is well positioned for tremendous growth in the future. Located in a well maintained and secured office/warehouse that features an approximately 1200 sf office/retail space and a 2800 sf warehouse area with a roll up door, wrought iron fenced lot, security cameras throughout, new glass block windows, a new HVAC system and new roof. The business also comes with 5 trucks including (2) 30 foot boom trucks and a high-low fork lift.
This company also installs custom signs large and small. This company has about $115,000 of inventory in its warehouse currently but has carried as much as $250,000 of inventory at various times. This company saves customers money on their energy bills and the market for its services is enormous. Some energy companies offer customers installation rebates to switch from energy inefficient incandescent or fluorescent lighting to LED lighting because the savings on energy cost are huge and quickly realized. This creates a steady stream of readymade prospects and income for the owner. Call us today.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.