Profile: Long Established Niche Manufacturing Custom Lighting & More!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Bon Wakam, Broker
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| Primary Phone: |
805-644-9588 |
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| Alternate Phone: |
805-644-9588 |
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| DRE Number: |
01368357 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/2/09 |
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| Date Last Revised: |
9/2/09 |
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| BizBen Ad #: |
141226 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,900,000 |
| Down Payment: |
$1,400,000 |
| Annual Revenue: |
$2,382,924 |
| Annual Adjusted Net: |
$481,931 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Niche Manufacturing Of Custom Lighting And Fabrication Of Furniture. All Designs Are Original And The Company Fabricates From Scratch To The Finished Products. Hence, The Company Has Unique Capabilities In The Industry. The Products Include Chandeliers, Sconces, And Interior And Exterior Lighting For Electric Or Gas. The Company Has A Full Service Design And Manufacturing Facility With The Capability To Handle Small And Large Projects. The Products Are High End And Can Be Found In Luxury Hotels And Homes Around The World. Business Has Declined The Last Few Years Largely Due To The Economy. The Buyer Will Need To Relocate The Business To A Smaller Facility That Is Efficient And Cost Effective. This Is A Turn Around Situation And The Company Will Generate Significant Profits By Paying A Much Lower Rent (I.E. Small Space Of Approximately 20,000 Sq. Ft.) And Then Increase Marketing Activities. Owners Are Ready To Retire But Are Willing To Assist The Buyer For A Reasonable Period To Facilitate A Smooth Transition. The Company's Reputation Is Extremely High And They Have Products In Show Rooms Around The Country. This Is A Unique Opportunity For A Company With Additional Manufacturing Space To Grow Their Business By Adding On A Business Like This. The Business Is Experiencing Improvement Is Sales In 2009.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Bon Wakam, Broker at 805-644-9588 or 805-644-9588 Non Disclosure Agreement |
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