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Dripping Springs, Hays County, Texas
Asking Price
$2,500,000
Revenue
$274802
Down
Call/Email
Cash Flow
$155,526
Name: Rick Carlson
Phone: Show phone number
Name
Rick Carlson
Phone
Show phone number
Posting ID:
289680
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
Training And Support
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San Francisco County, California
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Contra Costa County, California
DNA, Drug, Alcohol, Testing Svc - Recession Proof
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For decades this glass manufacturer has been the undisputed leader in innovative street lighting, featuring distinctive, hand-blown decorative glass globes, for municipalities nationwide. The familiar and distinctive glass globes seen in many U.S. and European cities are widely preferred by architects for their historical and nostalgic appeal. These glass globes are renowned for their exceptional illumination, superior life rating and true economic value. Designed and created 70 years ago by Swedish and Norwegian immigrants, the original iron-cast air moulds are still used today to create the globes. Recreating and manufacturing these air-cast moulds would be very difficult, even with today's technology. Widely considered works of art, the moulds have historic value, as they have produced globes for virtually every municipality in the United States. These original physical moulds are still in perfect working order, and are now available for purchase. Since 2000, the parent company has been diversifying beyond the traditional glass globe line to wholesale lighting distribution, energy management services, designing/engineering of lighting applications, and turn-key commissioning of lighting upgrade services. As this new direction prospered, the decorative glass globes have become a non-core business. In an effort to focus on the company's new direction, the manufacturer, in an unprecedented move, is making the iron-cast air moulds for the glass globes available for purchase. Acquisition of these moulds by a domestic or foreign fixture, lighting or globe manufacturer looking to expand their business would provide the buyer with immediate credibility and competitiveness through the historic value and well-know brand name.
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CF : $ 90,000
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Call/Email
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