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Part Managed Established Retail Lighting – Net Profit $353,318 -Victoria

This business was established in 2002 and from humble beginnings has grown into a profitable high profile retail lighting store that dominates the market share in Northern Victoria.
Asking Price: $750,000

About the opportunity

An exciting opportunity has now become available to purchase this highly profitable retail and online lighting business.  This outstanding business is being offered to the market for the first time in 21 years of operation.

The business has experienced continuous growth due to very careful planning and operational systems that make this lighting business a joy to operate.  The business is partly managed and run by 2 owners and 6 staff including long-time full-time manager and assistant managers.

As a beneficiary of the strong demand for new housing and construction in this regional area, this business has excellent foundations and has positioned its self with for further growth with an established and loyal customer database across trade, public and online sales through their websites.

Buy the business from owners who are open to multiple arrangements from an extended handover period and training new owners, to staying on board for an agreed period and/or a clean sale.

Total Revenue:
FY 2021 – $2,208,720
FY 2022 – $2,152,146
FY 2023 – $2,270,000 (forecast)

Normalised EBITDA:
FY 2021 – $252,948
FY 2022 – $307,051
FY 2023 – $353,318 (forecast)

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