Leading Lighting Equipment Manufacturer, Supplier & Distributor!

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Leading Lighting Equipment Manufacturer, Supplier & Distributor!
Asking Price:
$2,000,000

Gross Revenue:
$7,456,488
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$1,150,421
included in asking price

FF&E:
$1,565,082
included in asking price

Real Estate:
 Not Disclosed

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Business Description

For over 40 years, this nationally focused lighting equipment manufacturing firm has been supporting the hardest working theatrical and entertainment professionals in the industry. It is an award-winning manufacturer, supplier, and leading distributor of electrical components ranging from stage and theatrical lighting to lamps, filters, cables, accessories. color media, connectors, and a wide variety of other lighting and electrical accessories. Its broad range of solutions include moving lights, control consoles, conventional lighting, LED, cable and custom cable, power distribution systems, custom cases, effects, consumables and cost-effective ideas. It serves to provide new and used lighting equipment to dealers across the USA via leading industry-manufacturing partners. In a nutshell, this firm is highly committed to meeting its customer needs by manufacturing its own line of products such as tape, power distributing and rigging hardware, and a broad range of other electrical component products. And it is currently affiliated with several financial partners in order to ensure sufficient equipment financing for its customers.

NOTICE:
* Gross Revenue and Cash Flow numbers are weighted averages for fiscal years 2015 thru 2017.
* All information, data, financials, valuations, appraisals, real estate values/leases, must be verified by both the seller's and buyer’s own CPAs, attorneys, & other independent professional advisors.
* Potential buyers should always verify all information with the seller and their own independent professional advisors before putting any money at risk.
* Interested parties must show proof of unencumbered cash available and/or proof of highly committed equity partners upfront (i.e., zero fundraising). Will need to provide details about the firm you work with, your source of funds, and how you plan to finance this acquisition. Proof can be provided in the form of a bank statement, a letter of guarantee from your bank, and/or a commitment letter from your equity partners.
* Non-Disclosure Agreement (NDA) is required as the seller’s corporate and financial data is confidential and will only be disclosed to qualified buyers with a signed NDA in place. Please contact us for the required NDA form to sign.

About the Business

Year Established:
1977
Number of Employees:
18
Real Estate:
Owned
Building Sq. Ft.:
32,000
Facilities:
32,000 square feet of space available for in-house manufacturing & distribution as many items are currently manufactured and distributed by the firm itself.
Website:
www.tworld.com/locations/collegestation/
Market Outlook/
Competition:
* Long-Term Relationship with Manufacturers: Firm has done business with a large variety of manufacturers and has kept explicit relationships with those manufacturers and partners.
* 40 + Years in Business: Firm has successfully been operating for over 40 years, proving both financial and operational stability for the company.
* In-House Manufacturing & Distribution: Many items are manufactured and distributed by the firm itself.
* Large Inventory Selection: Firm offers one of the industry’s largest inventories of equipment.
* National Presence: Working with clients from coast to coast, firm is a well-known industry leader in theatrical lighting equipment.
Growth & Expansion:
* Firm has a long history (over 40 years) of operational stability.
* Firm's customer list consists of over 2,000 customers and repeat buyers.
* Firm serves Wholesale, Federal, Manufacturing, Military and various other sectors.
* Firm offers the opportunity to expand by owning a large percentage of the electrical component supply chain.
* Firm offers the opportunity for cross-selling and also for maintenance & repair services.
* Firm generated approximately $7.4M in Revenue and $400K in EBITDA during fiscal year 2017.
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About the Sale

Reason For Selling:
Owner is wanting to sell up to 100% of the firm in order to retire.
Training/Support:
The firm has upper management in place to continue running the business successfully upon sale. Seller is willing to consult with buyer during the transition period and thereafter if necessary in order to ensure a smooth transition via training and knowledge transferring, etc.
Seller Financing:
Real estate owned by owner via a separate entity, requiring a separate transaction.

Listing Info

ID:
1531953
Ad Detail Views:
662

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Business Listed by

Larry Fry, MBA

Transworld Business Advisors at Bryan/College Station

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