Listing Details:

  • Business Category:     Lawn/Landscaping
  • Price:                                      $1,200,000
  • Gross Revenue:            $873,805
  • SDE:                               $217,075
  • Seller Financing:           $700,000
  • FF&E:                             $130,481
  • Location:                       Minneapolis Suburbs
  • Reason for Selling:       Retirement
  • Non Compete:               50 Miles for 2 Years

 

Business Description

This business operates as a specialized nationwide distributor of outdoor lighting products, serving outdoor service contractors and lighting trade professionals. It sources products directly from manufacturers and supplies materials based on project specifications and designs. The operation benefits from strong supplier relationships and a product offering not typically available through standard retail channels, allowing it to serve a distinct, discerning segment of the outdoor lighting market. The seller is open to a full purchase of the business, or to sell a majority percentage.

 

Business History

The company has a 25+ year presence within its niche market, with a well-established reputation among its customers and manufacturers. Over time, it has built strong industry credentials as a knowledgeable resource of technical and product information, including involvement in professional organizations and industry associations. The current ownership has maintained stable operations while managing growth to achieve strategic market objectives.

 

Growth Potential

There is significant opportunity to expand revenue by increasing outreach to contractors and related trades, as well as pursuing additional product lines. The business has previously operated at higher revenue levels, evidencing potential for growth under more aggressive sales strategies. Additional upside exists through expanding year-round sales efforts, implementing more proactive marketing strategies, and further leveraging drop-shipping capabilities to reduce overhead and reach a broader customer base. The Seller is also willing to discuss working for the new owner to ensure current customers stay with the company, and that the transition under new management is smooth and seamless. He wants the business to prosper and continue to be successful under new ownership.

 

Competitive Analysis

The business differentiates itself through its expansive product knowledge, long-term relationships with manufacturers, and a wide selection of specialized products compared to typical competitors. Its ability to offer unique or hard-to-source items provides a competitive advantage in serving its specialized customers’ needs. While larger competitors may have greater marketing resources, this business competes effectively through design and technical knowledge, product depth, and its customer service orientation. It is uniquely positioned within its niche market to continue to be successful for many years to come.

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