Lucrative High-End/Luxury Lighting Manufacturer/ Fabricator

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Asking Price:
$1,000,000

Gross Revenue:
$1,383,454
Cash Flow:
$317,813
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$400,000
included in asking price

FF&E:
$45,020
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Exceptional acquisition opportunity for an enthusiastic, entrepreneurial owner/operator or industry competitor to assume operations of a well-established high-end/luxury lighting manufacturing company. This independently operating business, free from royalties or licensing fees, is an innovative creator of specialty lighting products combining illumination with charm, sophistication, and unmistakable distinction. This company is known for its by-request custom designed lighting solutions as well as fabrication of national and international box components for high end clientele. This established manufacturer is debt free has been producing its product lines continuously for the past 25 years and has never had to downsize its workforce of 20 employees since operations began.

The company’s client base includes more than 20,000 registered dealers and decorators throughout the U.S. and sells its products only to these professionals serving sophisticated homeowners and businesses with a flair for distinction.
The company maintains showrooms in Atlanta, GA and High Point, NC at industry design centers visited bi-annually by decorators and designers at industry trade shows and buyers' conventions.

The existing owner of the business is ready for retirement from the industry and is looking forward to handing over the operations to a new, energetic owner/operator.
Included in the sale of this business are: a) all of the equipment used to produce its extensive product line, b) an existing pipeline of future orders for fulfillment over the next few years c) a significant volume of usable inventory for production, and d)one operational box truck for local deliveries and inventory transport.

Operations have filled the existing LEASED building of 10,000+ square feet and a new owner would have the opportunity to relocate to a facility of his/her choice for continuous operations.

The current owner is willing to consult during the transitional period for key client introductions, as well as product, equipment, and service knowledge transfer.

Financial Information below represents an AVERAGE of the past four calendar years of operations (2014, 2015, 2016, 2017). Please inquire for additional details.

About the Business

Year Established:
1996
Number of Employees:
20
Relocatable:
Yes
Real Estate:
Owned
Building Sq. Ft.:
10,000
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About the Sale

Reason For Selling:
Owner desires to retire from industry

Listing Info

ID:
1481518
Ad Detail Views:
1103

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Business Listed by

Michael Auten

Oasis Business Intermediaries

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