Chandelier Lighting Company
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 |
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.