Business For Sale

Interior & Exterior Light and Accessory Manuf.

Burbank, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,800,000 $1,325,949

Manufacturing: Furniture, Fixtures Manufacturing


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RE: Interior & Exterior Light and Accessory Manuf. Broker: Vladimir Tuchinsky

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $1,325,949
Net Profit: Not Disclosed
Cash Flow: $650,244
Total Debt: Not Disclosed
FF&E: $33,013
Real Estate: Not Disclosed
Year Established: 1991
Employees: 10
BBN Listing #: 72784929
Broker Reference #: VT Lite

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Business Overview:

This light and accessory manufacturer has been established for nearly 30 years. They manufacture exquisite interior, exterior and custom light fixtures – a market segment with high barriers to entry and are listed with the Underwriters Laboratories and is certified for the Canadian sale and distribution. All of their fixtures are hand forged and finished and are LED compatible. Due to their designs, ability to customize products, prompt execution and timely delivery the firm has become a favorite with interior designers, architects, hotels and real estate developers.

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Property Features and Assets:

All of the enterprise’s furniture, fixtures, equipment, goodwill and permitting are included in the sale. $450,000 in inventory will be sold at cost at close in addition to the purchase price.

Market Competition and Expansion:

While the industry does have a fair amount of competition, high barriers to entry coupled with the years it takes to establish credibility, build a reputation and develop a loyal client following discourages new competition. Building upon nearly 3 decades of goodwill and customer satisfaction, as well as a formidable product offering and incredible production ability, new management may take this opportunity in any number of directions readily available to it.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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