Chandelier Lighting Business
This business specializes in the sale and service of custom crystal chandeliers and related parts and accessories that include lighting lifts. 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 company uses contract labor to assemble and install chandeliers.
See list in file
$165,000 at cost including chandeliers and related parts. The seller has another $400,000 in inventory to be sold to the new owner as needed.
The business is located in a business park fronting on a major freeway. The space consist of a retail show room and an assembly work room. The seller will retain the warehouse portion of the space to accommodate consignment inventory for the lighting business as well as inventory supporting his on line business for unrelated items.
Rent and lease terms:
$5,368 Gross. This will be a new sublease with the Seller maintaining a portion of the warehouse space.
Price and terms
$450,000 Sales Price, $165,000 Cash Down Payment, $300,000 seller note at 6% for 5 yrs. = $5,799.84 per month.