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Southwest Las Vegas

  • Listing No.: 101-15803

  • Category: Retail

Asking Price $720,000
Down Payment $540,000
Gross Revenue $884,001
Total Adjusted Net Income $183,062
Equipment/Fixtures $67,000
Year Established 2015
General Location Southwest Las Vegas
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This beautiful showroom warehouses an extensive inventory of unique, high quality lighting, lamps and accessories for every decor. There is a complete section of chandeliers, ceiling fans, wall fixtures, lamps and accessories available for both commercial and primarily residential lighting needs. There is also a nice selection of hardware for doors and cabinets. The experienced staff can handle the operations for weeks at time in your absence. Many local and out-of-state customers recognize the name as it's been used for over 20 years. They reopened three years ago after a brief hiatus and sales are growing at a rate of approximately 30% per year. These experienced owners have developed a smooth running operation. Call now to take it over and continue the trend!

Gross Revenue $884,001 Listed Price $720,000
Total Income $183,062 Down Payment $540,000
Base Rent $5,278 Square Feet 4200
Total Rent $6,888 Lease Expiration
Rent Deposit $6,790 Lease Options 2 / 3 year
Inventory $180,000 Leasehold Improvements $175,000
Equipment/ Fixtures $67,000 Other Assets
Full-Time Employees 1 Training Period 2 Weeks
Part-Time Employees 2 Special License Required
Contract Staff 1 Reason for Selling Other Business Interests & Travel

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.