Custom Lighting/Specialty Hardware Store
Asking Price: | $115,000 |
Gross Revenue: | $189,000 |
Rent: | $2,500/Month |
Established Year: | 1979 |
Cash Flow: | $48,000 |
Inventory: | $50,000 |
FF&E: | $10,000 |
SELLER RETIRING: For over 40 years, this company has been a staple in the custom lighting and specialty hardware field and the owner is ready to retire. They cater to two separate industries; the first is custom lighting where they manufacture light fixtures (interior and exterior) to customers’ specifications as well as repair/restore antique lighting. The second is specialty decorative hardware including cabinet, kitchen, bath, and door hardware. Their reputation for personalized service for period finish and function to their customers’ exacting needs sets them apart from the competition.
This company can easily be brought back to the million-dollar+ annual sales it used to enjoy as consumers are looking for alternatives to the big box stores, hardware chains, and lumber businesses. They serve both residential and commercial clients.
Perfect for a couple looking to settle in one of the most beautiful areas in the state, or seeking a change from the hectic corporate life, the current owner is willing to stay on at a negotiable fee (can be deducted from the sale price) to impart his wisdom from years of experience in the manufacturing of the light fixtures to ensure a smooth transition. Contact Dirigo Business Group of Maine today to learn more about this opportunity.
COVID-19 UPDATE: This business is continuing to operate and generate revenue. Orders, both wholesale and retail continue to be placed assuring the viability of the company.