Antique and Reproduction Lighting Fixtures and Lamps
| Asking Price: | $750,000 | Inventory: | $750,000 ** |
| Gross Revenue: | $900,000 | Real Estate: | n/a |
| Cash Flow: | $230,000 | FF&E: | $15,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The company, operating under the same name for nearly 100 years, sells antique lighting fixtures and lamps, reproductions, custom manufactured pieces, and tole work, in addition to repairs and restorations. They also manufacture fine reproductions of traditional lighting fixtures (Louis XIV, XV, XVI, etc.). Additionally, they do a significant amount of artistic painting and decorating of fixtures. They sell exclusively to the trade (decorators, architects). They also do custom design work for professionals. The company's products range in price from hundreds of dollars to many thousands of dollars. This is one of the oldest firms of its kind in the United States. Their customers are professionals from across the nation. This is a unique company with the best reputation in the industry. There is very little competition in the United States for this company's services.
About the Business
Year Established:1920
Employees:12 full time -
Relocatable:Yes
Facilities:The facility is a factory and showroom in Long Island City, New York, minutes from midtown Manhattan. The business occupies 7,000 sq. ft. and the monthly rent is $5,500.
Market Outlook and Competition:There are some high end shops in major cities which sell antique lighting fixtures and lamps. There is little competition nationwide for the repair and manufacturing of these products. Additional growth is possible by expanding into contemporary fixtures and lamps. Personal visits to potential customers would also be an added value.
About the Sale
Reason For Selling:The owner wishes to retire.
KEYWORDS: Manufacturing, antiques, wholesale, reproductions, tole work, lighting fixtures, lamps, electrical, restorations, custom, repairs, services.
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