The Company was originally established in 1992 and is specialized in LED (Light Emitting Diodes) Lighting distribution and manufacturing with primary focus in outdoor sign retrofitting as well as LED product for new design. The company manufactures in China . There is a formal agreement between Seller and manufactuer that will be transferred to the buyer at the successful closing to preserve the existing relationship. Product distribution is handled by the largest distributor of sign products in America with a contract for continued distribution in place.
The Company manufactures product ordered to specification which is shipped to the Distributor and/or the Southern California warehouse location, once received it is shipped to the customer. Production consists of SKU's for the US market. The Canadian Market was recently started and shows tremendous potential.
The Company employs 2 part time warehouse employees and 2 working owners.
The company prides itself on consistently providing top of the line, high quality, reliable and well priced products. The factory has a large research and development department to ensure new product design and development that meets with today's evolving outdoor LED lighting needs. Gross sales surpassed $5M in 2012 and adjusted net earnings of $700K+/ will be verified by Seller.
Facilities: Currently located in a warehouse type facility that is approx. 2500 Sq ft.. Rent is $1400 per month. The operation can easily be relocated.
Competition:The LED Outdoor lighting industry is a rapidly changing field. This company has grown since inception and shows no signs of slowing down.
Growth/Expansion: Several areas a of growth and expansion possible.
Financing: Some seller financing may be possible to qualified buyer
Support/Training: 2 week for 10 hours per week or as negotiated. Seller will consider long term employment for new Owner.
Reason Selling: Other interests