The company’s core offering is LED lighted mirrors, which
represent the majority of revenue, complemented by mirror
TVs, architectural lighting features, and broader fabrication
services tailored to hospitality and commercial environments.
They primarily serve B2B clients (~90% of revenue), including
hotels, casinos, developers, general contractors, architects,
interior designers, and corporate clients. The business
operates from an 8,000 sq. ft. facility, which includes ~2,000
sq. ft. of office and studio space and ~6,000 sq. ft. dedicated
to production and assembly. The business is supported by a
team of 8 employees including an Engineer, Project Manager,
Production, and accounting. The owner is active in
overseeing operations, and delegating workflow. The owner is
seeking to sell all or a majority of the business due to the
desire to grow into the US market. Additionally, the seller is
also willing to roll equity or do a promissory note of 20% as a
show of good faith in the continued success of the business
post-close.
Priced at $3,100,000 CAD, this business is a great
opportunity for a strategic acquirer or investor seeking a
design-driven manufacturing platform with strong
customization capabilities and significant upside through
expanded distribution and sales infrastructure. Key growth
opportunities include scaling a developing B2B-to-consumer
retail channel targeting over 100 locations.