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Asking Price: $300,000

*In Escrow* 56% ROI Lighting Biz 75yrs+ Business

Temple City, CA
Los angeles County

Key-Value Drivers:Family-owned businessfor75 years, same locationSBA approved with low interest rates.Loyal customerswith high retention and referralsLow rent, low maintenance, andlong lease termInventory valued at$700k - $1M estimated includedNo competitorswithin 30 milesWhy Invest?Legacy & Stability: 75 years in the same prime location.Strong Customer Base: Loyal clientele with steady repeat business.Financially Attractive: Low overhead costs with low rent and maintenance.Turnkey Operation: Includes $700k - $1M worth of inventory.Exclusive Market: No direct competitors within a 10-mile radius.Business Highlights:Premium Products: High margins on premium lighting products.Optimized Showrooms: Designed to appeal to both professionals and consumers.Strong Relationships: Established connections with architects, contractors, designers, and electricians.Loyalty Program: Maintains strong business relationships and customer loyalty.Growth Opportunities:E-commerce Expansion: Set up an online store to significantly increase revenue.Market Optimism: Favorable housing market and mortgage rates expected to drive growth in 2020.Reason for Sale:Owner Retirement: Owner retiring after 75 successful years.Pre-COVID Value: Original asking price was $1.5M before COVID-19.Resilient Performance: Sales and revenue have remained steady despite the pandemic.Urgent Sale: Due to family reasons and the need to retire, offering a unique opportunity for a new buyer.Don't miss this amazing opportunity to own a well-established, innovative lighting retailer in the upscale West Coast markets!For more questions please contact Betty Jong at 310-228-7888 Bjong@Bizex.net

Cash Flow $193,000
Revenue $830,000

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