Ownership is seeking a near-term transaction in connection with a planned
relocation and has priced the business accordingly. The business is priced to
reflect timing and the required relocation rather than underlying financial
performance.
This is a rare opportunity to acquire one of the most established and recognized
lighting showrooms in the Coastal South Carolina market.
Ideal Buyer
This opportunity is well-suited for an owner-operator or a buyer who plans to be
actively involved in the business, particularly in maintaining customer and
builder relationships and overseeing showroom operations.
The business also has the potential to be managed with the right structure in
place, including a dedicated local manager or strong oversight of existing
leadership. Buyers who plan to relocate to the area and be involved in the
business, especially during the transition period, are likely to be best
positioned for success.
The business has been operating for over 50 years and has built strong
relationships with builders, contractors, designers, and retail customers. It
generates approximately $2.38M in annual revenue with a highly diversified and
repeat-driven customer base.
$396K SDE includes normalized owner compensation
and identified add-backs. Detailed breakdown available upon request.
Revenue has remained stable in recent years:
2023: $2.
59M
2024: $2.40M
2025: $2.38M
2026: currently tracking within ~1% of 2025
This level of consistency has been achieved with minimal proactive marketing and
without operational optimization, highlighting the underlying strength of the
business.
- Business must be relocated
- Ownership has identified strong replacement retail options. The next location is
expected to provide:
A significantly larger showroom layout
Less reliance on warehouse space
Improved merchandising and customer experience
Buyer will have full flexibility in selecting and approving the final location.
_____
Reason for Sale
Real estate transition and timing considerations.
_____
Support & Training
Seller is willing to remain involved for up to 12 months to ensure a smooth
transition.
_____
Ideal Buyer
Owner-operator seeking strong cash flow
Strategic buyer (lighting, electrical supply, home services)
Regional operator expanding into Coastal South Carolina
Investor looking for a stable platform business...