Is it better to buy a holiday lighting company or build one myself?
A purchase may include returning customers, stored light inventory and a trained crew; confirm each one. Starting means building a customer book from nothing inside one short selling window. Ask any seller about repeat rates and the off-season, then weigh that against how much time you have.
Holiday lighting is a trade with a narrow calendar. Customers decide in a few weeks, crews work in a few more, and then the season is over. That makes the buy-or-start question sharper than in a trade that runs all year. A missed window costs you a full year, so the main thing to weigh is what you would have ready by the time bookings open.
What a purchase hands you on day one
An existing company may come with a book of returning customers, a stored inventory of lights and clips, and people who know how to hang them safely. Those are things a new owner would otherwise have to build. Ask to see each one before you count on it. A list is only useful if the customers on it still want the service.
What starting from scratch asks of you
A new company must win customers in the same short window as everyone else, buy or rent equipment, find and train a crew, and arrange insurance for roof work. You also learn from your own mistakes in public, one home at a time. Starting suits someone with time to spare and a way to reach customers early. It has different costs and a different timeline, so ask your accountant to compare them.
Questions that tell the two apart
- How many customers rebooked last season, and how do you know?
- Who owns the lights, and where are they stored between seasons?
- What does the company do from January to autumn?
- Would the crew stay on for a new owner?
Weighing it for yourself
Our page on whether to buy a junk removal business or start one walks through the same choice for another truck-and-crew service. Your accountant can help you compare the cash each path needs, and your lawyer can review any purchase terms. The decision is yours, and it turns on your time, savings and appetite for a short season.
Related reading
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Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentBusiness plan template for entrepreneurs
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 04Business Development Bank of CanadaGovernmentWhat are financial statements?
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