LED Grow Light ManufacturerMetro Area--$1M in Q...

Not Disclosed, MN
Hennepin County

Asking Price: Annual Revenue:
$5,000,000 $1,349,464

Services: Printing, Shipping, Signs

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RE: LED Grow Light ManufacturerMetro Area--$1M in Q... Broker: Sunbelt Business Advisors

Quick Facts

Asking Price: $5,000,000
Annual Revenue: $1,349,464
Net Profit: Not Disclosed
Cash Flow: $835,693
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 3
BBN Listing #: 495664538
Broker Reference #: MINNEMN003-50745

Email or Print Listing

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Business Overview:

This LED grow light manufacturer and research & development firm delivers high quality and energy efficient lighting solutions for indoor & urban gardens and cannabis growth. It?s a high margin business with cash flow margins north of 80% due to minimal overhead and well-built processes and relationships, including direct manufacturer status with Amazon. The owner is actively involved in product development. A small stateside team handles product design and logistics, while product assembly is contracted to multiple China-based factories. The sale includes both the national LED brand and the direct importing division. On top of the prominent margins and demand, there?s unlimited opportunity for growth in urban agriculture and cannabis, as the global LED grow light market is expected to grow at an annual rate of 28.1% from 2022-2027. This a great opportunity for a buyer to come in and grow the business to new heights. Q1 gross profits are already up 245% from Q1 2022. Products are UL, ETL & meet FTC standards. Sunbelt Listing ID: 50745

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Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is not 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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