Business For Sale

High End Lamp Shade Manufacturer

Not Disclosed, NJ


Asking Price: Annual Revenue:
$499,000 $856,652

Manufacturing: Home & Office Products


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RE: High End Lamp Shade Manufacturer Broker: Joseph Coculo

Quick Facts

Asking Price: $499,000
Annual Revenue: $856,652
Net Profit: Not Disclosed
Cash Flow: $190,736
Total Debt: Not Disclosed
FF&E: $652,000
Real Estate: Not Disclosed
Year Established: 1943
Employees: 8
BBN Listing #: 500126891
Broker Reference #: 60902

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Business Overview:

This successful 75-year-old family-owned company is in the lamp shade manufacturing industry. They are strictly a B2B sales model, with longevity with most of its clients. Products are made on-site in its factory located in the NY/Tri-State area.

This company is a boutique high-end quality manufacturer. Their shades dominate booths at several prestigious trade shows in the ‘design arena’. Customers include domestic lamp manufacturers, lighting stores, hospitality, and professional artisans. The value of “Made in America” is a must for customers in this space. Imports cannot compete with the superior-quality and attention to detail that high-end users of its products demand. There are very few top-tier manufacturers left in the USA. This company dominates the upscale market in this arena.

All its products are made to order; there are no unsold products in inventory. Extensive materials and parts inventories give them an efficient, streamlined manufacturing operation. It is “continuous flow” manufacturing, where larger and smaller lots flow through together.

This company boasts one of the most advanced lamp shade manufacturer computer systems in the United States. It has custom-developed, sophisticated networked software that allows them to track and record all the details of an order. Every shade lot is scanned at every step in the process, which gives real-time production info and quality control accountability. The system maintains an accurate virtual inventory that manages the purchasing and receiving of materials and parts. The price quote routine looks up the last price paid for parts and determines the labor time for each operation, for 95% of the items ordered.

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Property Features and Assets:

It's 14,000 Square Feet facility is close to all major highways and easily accessible.

Market Competition and Expansion:

Competition is both domestic and foreign. There are really only a few other higher-end lampshade manufacturers left in the US. Competition from imports cannot maintain the high standards of quality. Clients specifically looking for shades “Made in the USA”. Better marketing and sales efforts. This Company has no marketing or advertising budget. They haven't been able to pursue new Aquisition strategies or reaching out to existing customers. Investing in a wireframe shop might improve lead time on the most customized shades and allow expansion of the company’s capabilities.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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