Business For Sale Listing 149964
Union-Designated Distributor- Electrical Fixtures
Status as of Dec-3-2008 at 06:00 PM: Active
Business Summary
Our firm currently represents a well-established, value-added lighting distributor possessing deep connections within its NY market. Supplies a complete range of interior and exterior commercial and residential lighting, featuring everything from roadway lighting to crystal chandeliers. Holds a transferrable designation as signatory to one of the strongest electrical unions in the NY Tri-State area. A significant portion of the Company’s contracts require it to manage the entire lighting project, from start to finish. Other value-added services giving the Company a competitive edge include design and value engineering. Exhibits strong historical sales growth, with an increase from $2.08 million in 2005 to $3.34 million in 2007 representing a CAGR of 26%. As of June 2008, with the fiscal year approaching the halfway mark, sales have already surpassed $3.1 million, supporting 2008 sales projections of more than $4 million. Backlog of approximately $2.6 million further supports growth levels projected over the next several years. The bulk of sales derive from commercial projects, either from general contractors - which represent a growing portion of the Company’s business - or from projects for real estate developers and electrical contractors. WBE certification does provide a boost but, at 10% in sales, the Company is by no means dependant on the classification. Maintains excellent relationships with its flourishing client base and 500-plus network of manufacturers. Given its exceptional connections and union designation, the Company could generate immediate sales growth through the pursuit of new government contracts.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (3,340,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (148,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
