Description About This Posting: Commercial Lighting Manufacturer
Manufacturer of LED luminaries for Commercial Market. Located in Southern California.
This company is a leading designer and manufacturer of solid-state lighting. Its proprietary products, developed by world-renowned engineers, are regarded as the highest quality and longest lasting in the industry. Products are mainly high and low-bay, canopy lighting, and area lighting. End users include auto dealerships, distribution centers, hospitals, manufacturers, municipalities, military, property management, schools and universities and numerous other commercial properties.
* Design and manufacture the optimum lighting systems for commercial and industrial use
* The products are built to excel in demanding conditions, with negligible light loss, for many years to come.
* Competitive prices that deliver the optimum value for its customers.
* The company is led by an experienced manager with more than 20 years as an owner, a track record of significant growth and profit and experience in the LED industry beginning more than 30 years ago.
* Company sells only through resellers (distributors, lighting dealerships, electrical contractors)
* All propriety componentry is domestically sourced and final manufacturing is in the USA
* Company has three new product lines, two that have completed UL and the third in the UL process, with the last coming to market in June, 2019.
* Company has two designs ready for development to provide highly valuable Intellectual Property.
* Revenues as high as $4.6M
A lawsuit, filed by the company against a supplier, settled in Dec 2018, depleted the company's cash flow and has brought difficult times. With a strategic partnership or investor, the company will return to its previous growth path and maximize the current market opportunities.
Asking Price: $2,700,000
2018 Revenues: $1,500,000
To get more information about this Commercial Lighting Manufacturer business for sale in
Los Angeles please phone Roy Moss (Agent - BRE License #:01488246) at 714-374-6430 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #253717 on BizBen.com. In addition to phoning
Roy Moss, make sure you email Roy Moss above to get more info about this
Commercial Lighting Manufacturer, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
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