The business was established by the current owners in 2020. The business began running in March of 2020 and has seen tremendous growth since inception. The business grew by 331% from 2020-2021 and 166% from 2021-2022 with a revenue growth rate of 125%. The owners began the business from the ground up and have put together a great product, exceptional service, and reliable staff. They design, install, and maintain beautiful outdoor lighting for both residential and commercial customers. They are also unique in the way they approach their customers projects with a “design first” philosophy instead of just selling you lighting fixtures. They take customers from design to maintenance all in one company. That is how they can create a truly special lighting scene for their clients.
Financial Information
$2,300,000
Asking Price
$617,571
Cash Flow
$1,416,604
Gross Revenue
$320,000
Down Payment
Yes
Financing
$547,571
Adjusted EBITDA
Business Location
City:
Southwest Florida
State:Florida
Financing Comments
Seller financing available for the right buyer and the right offer.
Reason for Sale
Family/ Moving
Detailed information
Year Established:2020
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 5
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:40
Inventory Included: Yes
Inventory Value:
$60,000
Monthly Rent:
$400
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 200
FF&E Included?: Yes
FF&E Value: $83,000
Training/Support
Owners are wiling to train for up to 3 weeks.
Facilities
5X10 Storage unit and a small office/
Market Outlook/Competition
The business is the one of the highest-rated outdoor lighting companies in
SWFL. The business has an advantage over its competition with its exceptional sales and
design processes. Its closure rate is roughly 90%, and is constantly winning jobs over
cheaper landscape lighting companies because of its proven processes that leave customers
impressed and confident in moving forward. The business also has the
potential for expansion or franchising.
Real State Description
Te business rents a storage unit to store inventory and supplies. They also rent an office to have client meetings, scheduling, and office work.