Business for Sale Overview:
Catalyst business brokers offers a fully equipped and staffed, high quality wholesale/retail lampshade manufacturing company in Miami, Florida. Established in 1964, the company manufactures a wide range of lampshade designs as well as restoring hard to find existing pieces. This business caters to a wide range of clientele ranging from retailers to custom orders for unique one of a kind design. The business manufactures its own frames and has a large selection of covering materials and stunning enhancements from gorgeous tapes and tassel trims to tiebacks to produce spectacular products. The asking price includes everything necessary to continue operations; one-of-a-kind machinery and a wide variety of welding, bending and finishing machines. Also, a large inventory of wires, frames, fabrics and shades is included. Equipment is valued at $180,000 and inventory at $90,000.
This is a great prospect for a technically inclined person who can take a 45 years old well-established company to the next step. Current owners are well beyond retirement age and are not up to date with contemporary marketing tools and techniques. The business’ solid client base and it’s proven ability to adapt to the customer needs offers great potential for strong growth and continued success under a new and energetic ownership.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
7,840 sq ft warehouse with offices & parking on 13.975 sq ft lot in a thriving industrial area with easy access to major highways.
Market Competition and Expansion:
Competition: As owners passed retirement age, they concentrate on existing customers and to shy from expansion and marketing efforts. Business can be doubled with little effort from existing customers and retail and wholesale customers.
Growth/Expansion: There is ample room for growth. This company has never had a salesman. Most business is generated by word-of-mouth and quality of product. Picking up new customers every month would be no problem with minimal sales effort. Current capacity utilization is probably at 24-30% and production can be increased three-fold without capital investment.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.