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Lighting |
| Business For
Sale Listing Profile |
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Decorative Lighting * Manufacturing *
Distribution
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Quick Facts |
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Type: |
Established Business for sale |
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Category: |
Manufacturing & Distribution |
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Location: |
South East US |
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ID: |
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| Financials |
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Asking: |
$TBD |
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FF&E : |
$200,000 |
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Inventory: |
$400,000 |
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Gross: 2009* |
$1,100,000 |
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Overview
- 15 year old established brand name lighting company.
- Management with great reputation in the industry for over 40
years.
- Leader in their market niche with hundreds of classic lighting
designs.
- Very high gross profit margins.
- Focused on high end residential niche market with some
significant commercial opportunities.
- National distribution with 650 dealers established across the
country.
- In place commissioned sales force.
- Beautiful new hard copy product catalog.
- Website with interactive product catalog.
The company has been consistent and averaged well over $2 million in
sales in 2000, 2001, 2002, 2003, 2004, 2005, 2006, & 2007. Like all
businesses in the industry they have been hurt by the economy during the
past couple of years. However, the company has made some significant
reductions in their overhead and manufacturing costs which have them
well positioned to move forward.
General Information
Year Established: 1998
Employees:
6
Facilities:
10,000 square foot leased facility in a very nice industrial office park.
Several offices and break room in the front and warehouse with easy access
truck dock in the back. Additionally, the company maintains a permanent
1,500 sq. ft. showroom at the World Trade Center
in Dallas, Texas.
Market Outlook
Growth and Expansion:
There is significant upside opportunity for companies that survive
the recession. This company has positioned itself well to remain the leader
in its market niche. For a smart investor, this is a very good opportunity.
Historically the company has averaged over $2 million in annual sales. Sales
could have grown much higher if the owner had some capital for growth. A new
owner with new enthusiasm, some growth capital and a solid marketing plan
could grow this established company by over 20% per year.
About the Sale
Support / Training:
Smooth transition included.
Reason For Sale:
Owner is considering retirement and is looking for an exit strategy. Open to
all deal structures from outright purchase, to partnership with buyout
program over a period of years.
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Contact AccuBrokers regarding this listing: |
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