Chandelier Lighting Company

Stafford, TX

Seller Financing Available

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Asking Price:$150,000
Gross Revenue:$180,000
Rent:$6,600/Month
Established Year:1989
Cash Flow:$52,950
Inventory:$125,000
FF&E:$25,000
BUSINESS DESCRIPTION

This business specializes in the sale and service of custom crystal chandeliers and related parts and accessories. Approximately 60% of the sales are retail customers and 40% is for commercial accounts such as hotels, churches, and office buildings. They also do special design chandeliers that are made with the customers' specific requirements, any size and style. The company has the largest showroom and inventory in the Houston Metro area. The inventory consist of crystal chandeliers, alabaster chandeliers, pendants, flush mount lighting, wall sconces, table lamps, floor lamps, crystal spot lights, and related parts. The owner died last year and his family has been operating the business on a part-time basis. The is located in a business park on the Southwest Frwy. with ample parking. The shop has a large showroom, office, and shop area. The business has inventory of over $500,000 at cost, but is included in the selling price at $207,000. A long term lease of the property is available or the inventory could be moved to another location. There is a contractor who will stay with the business and has experience in assembling and installing chandeliers. The owner is now willing to provide Seller Financing for a qualified buyer.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,800
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$75,000 Cash Down and Seller Note for $75,000 payable over 5 Years at 6% interest = $
Support & Training
As needed
Reason for Selling
Death of owner
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Jeffrey
Jones
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Jeffrey Jones