LED Lighting Contractor

File# C2429
Location: Detroit
Business Price: $450,000 + inventory
Down Payment: $150,000 (SBA financing)
Monthly Payment:TBD
Interest Rate: TBD
Amortization Period:TBD
Gross Sales: $1,147,413
Source: 2017 Tax Return
Cash Flow: $188,680
Source: 2017 Tax return
Inventory: $115,000
Days Open: Monday - Saturday
Business Hours: 9 am - 6 pm
Seats: NA
Parking: Street
Licences Required:Subcontract w/licensee as necessary
Year Established:2014
Year Acquired: 2014
Building Price:$150,000
Building Terms:SBA financing

Profile:

Profile: This business installs and services LED lighting and sells LED equipment. Established in 2014, this business has grown explosively, tripling its gross revenue in 3 years. Due to A & H’s reputation for quality work and service and its subcontracting work with major energy suppliers and users in Michigan, Illinois and Ohio, A&H is well positioned for tremendous growth in the future. Located in a well maintained and secured office/warehouse in Northwest Detroit, the building features an approximately 1200 of office/retail space and a 2800sf warehouse area with a roll up door, route iron fenced lot, security cameras throughout, new glass block windows, a new havoc system and new roof. The business also comes with 5 trucks including (2) 30 foot boom trucks and a high-low fork lift.
A&H also installs custom signs large and small. The signs and most other inventory come from China based on an established relationship A&H developed with a Chinese company that saves A&H money and increases its profit margins. A&H has about $115, 00 of inventory in its warehouse currently but has carried as much as $250,000 of inventory at various times. A&H receives an inventory container about once a month from china and shipments from China typically take 10 days to reach A&H after an inventory order is placed. The current owner visits China 4-5 times yearly. A&H saves customers money on their energy bills and the market for its services is enormous. Some energy companies offer customers installation rebates to switch from energy inefficient incandescent or fluorescent lighting to LED lighting because the savings on energy cost are huge and quickly realized. This creates a steady stream of readymade prospects and income for the owner. SBA financing possible w/$150,000 down for business and property for qualified buyer. That owner could be you. Call us today

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.