$2,400,000.00
Asking Price
Status: Active
Posting ID: 284793
1/23/24
Description
This custom lighting manufacturer is a well-established, profitable, commercial, and industrial lighting manufacturer based in Southern California. They specialize in exterior and interior commercial lighting, including LED, decorative, emergency, exit signs, decorative, and outdoor lighting. The manufacturer sells their product through a network of 1,000+ electrical and lighting distributors across the United States. They primarily assemble orders on demand; they warehouse both components and ready-made fixtures manufactured by their 15+ partner factories in China, Malaysia, and Korea.
70% of their orders are custom, and they assemble the fixtures to meet the customer’s needs. The other 30% of their orders are for stock goods, which they ship from their warehouse. When they receive custom orders from a distributor, the business assembles the order in-house. The assembly cycle ranges from a few days to several weeks and includes assembly and wiring of all components into the housings, as well as final quality testing. Once the product passes QA, it is packaged, weighed and typically dropship to customers. Lighting products are very profitable, with 40-70% gross margins.
The business operates from a spacious industrial 49,000 building. Approx. 3,000 sf is office space, housing the management team and small components inventory. When you enter the warehouse, the first 6,000 sf is dedicated to the assembly floor and contains 30 production tables and toolsets for product assembly. Finally, the remaining 40,000 sf houses the 196 12’ racks that store their vast inventory of product. Throughout the facility, you’ll find all the equipment you’d expect, including pallet jacks, forklifts, large air compressors, and a pallet wrapper. See Agent for complete asset list.
The business is semi-absentee owner operated, and the owner has hit retirement age, so it is time to find a successor to take the company into the future. Manufacturing businesses of the highest quality don’t come to market often; The business is a unique opportunity to step into a well-established and profitable lighting business. If you're already working in lighting or manufacturing and looking to step into a great opportunity, or if you’re seeking to grow by acquisition, this may be the deal for you. Questions? Reach out to the Agent today!
To get more information about this Commercial Lighting Manufacturer - Established business for sale in Los Angeles County please phone Gina Veeragoudar (Agent) at 310-819-5633 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284793 on BizBen.com. In addition to phoning Gina Veeragoudar, make sure you email Gina Veeragoudar above to get more info about this Commercial Lighting Manufacturer - Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01926680. BottomLine Business Brokers.
Contact
Details
Asking Price: $2,400,000.00
Down: Call/Email
Cash Flow: $1,359,214.00
Revenue: $13,724,001.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$174,802
Revenue
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Down
$300,000
Posting: 278351 | Available | 4/22/24
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Asking Price
$300,000
Cash flow
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Revenue
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Down
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Award Winning Aveda Salon is for sale. The salon and spa is located in the vibrant, sought-after neighborhood of Ocean Beach, San Diego.
Asking Price
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Cash flow
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Revenue
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Down
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Posting: 285870 | Available | 4/23/24
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Posting: 284472 | Available | 4/24/24
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Asking Price
$4,500,000
Cash flow
$403,371
Revenue
$1,264,609
Down
$1,500,000
Posting: 285940 | Available | 4/23/24
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Cash flow
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Revenue
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Down
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Cash flow
$1,000,000
Revenue
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Down
Call / Email
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 283972 | Available | 4/24/24
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Bldg Size
6,632 Sq.Ft
Space Being Rented
Call / Email
Year Built
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Lease Amount
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Cash flow
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Revenue
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Down
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Asking Price
$125,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286093 | Available | 4/22/24
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Asking Price
$249,000
Cash flow
N/A
Revenue
N/A
Down
N/A
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Asking Price
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Cash flow
Call/Email
Revenue
$1,000,000
Down
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Posting: 286054 | Available | 4/22/24
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Asking Price
$439,900
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 4/26/24
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Asking Price
$139,000
Cash flow
$1,000
Revenue
Call/Email
Down
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Posting: 286097 | Available | 4/23/24
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Asking Price
Call/email
Cash flow
$851,672
Revenue
$3,430,536
Down
Call/Email
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Asking Price
$3,500,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 4/22/24
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Asking Price
$899,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285062 | Available | 4/26/24
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Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285867 | Available | 4/26/24
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Asking Price
$175,000
Cash flow
$60,000
Revenue
$200,000
Down
$250,000
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Asking Price
$250,000
Cash flow
Call/Email
Revenue
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Down
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Asking Price
$375,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
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Franchise Fee
$0
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
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Franchise Fee
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Cash flow
$86,284
Revenue
$116,694
Down
$750,000
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Asking Price
$750,000
Cash flow
$200,000
Revenue
$1,012,000
Down
$750,000
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Asking Price
$750,000
Cash flow
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Revenue
$840,000
Down
$338,000
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Asking Price
$338,000
Cash flow
$170,000
Revenue
$470,000
Down
$530,000
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Asking Price
$530,000
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