Business For Sale

Patented, Quality LED Manufacturer - Asset Sale

Port Orchard, WA
Kitsap County


Asking Price: Annual Revenue:
$950,000 Not Disclosed

Manufacturing: Non-classifiable


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RE: Patented, Quality LED Manufacturer - Asset Sale Broker: Kevin Moen

Quick Facts

Asking Price: $950,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $656,583
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 966552112
Broker Reference #: 31861-989022

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Business Overview:

LED has finally reached the crossroads of a radical world-wide change in the lighting of homes, streets, parking lots, warehouses, buildings, etc. In the last decade the LED chip has quickly transformed the light bulb as we know it to a phenomenon quickly leading to a vast paradigm shift away from traditional light sources. Only in the last year has the technology, cost and acceptance finally reached the tipping point.

We have brought several transformational innovations in LED lighting through the creative, design, prototype and testing phases. We offer an array of LED lamps with equivalent lumen output ready to replace all levels of HID bulbs ranging from 50w to 1000w, and in several formats that will fit nearly every existing HID fixture currently installed or for new fixtures.

Our products benefit from a patented ‘plug-n-play’ design allowing for ongoing upgrades at minimal cost using a single lamp, leaving the existing fixture in use and without the hassle of fixture replacement or high-cost and labor-intensive retro-fit options. We have a game-changing, transformational product—that makes this a truly disruptive innovation.

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Property Features and Assets:

Located in standalone building LED has finally reached the crossroads of a radical world-wide change in the lighting of homes, streets, parking lots, warehouses, buildings, etc. In the last decade the LED chip has quickly transformed the light bulb as we know it to a phenomenon quickly leading to a vast paradigm shift away from traditional light sources. Only in the last year has the technology, cost and acceptance finally reached the tipping point. We have brought several transformational innovations in LED lighting through the creative, design, prototype and testing phases. We offer an array of LED lamps with equivalent lumen output ready to replace all levels of HID bulbs ranging from 50w to 1000w, and in several formats that will fit nearly every existing HID fixture currently installed or for new fixtures. Our products benefit from a patented ‘plug-n-play’ design allowing for ongoing upgrades at minimal cost using a single lamp, leaving the existing fixture in use and without the hassle of fixture replacement or high-cost and labor-intensive retro-fit options. We have a game-changing, transformational product—that makes this a truly disruptive innovation.

Market Competition and Expansion:

Currently doing $25,000 to $50,000 per month in sales without ANY marketing. Development of a sales team will increase revenue, hiring 5-10 assembly workers will allow for 10X current production capability. Potential high-cash-flow leasing business model consideration for vertical growth. Potential applications in indoor agriculture and Cannabis (designs already completed). Overview The Product Line - Simple patented design incorporating a high-tech thermal management system - Unique proprietary low-voltage power system and multi-channel operating boards - Approximate energy savings ranging from 45-85% of traditional HID bulbs - 3-5x operating life vs HID bulb; superior quality solution when compared to competition, especially fully integrated fixtures where replacement requires full fixture replacement - NO high-cost replacement head, arm and/or custom fixture insert required!

Reason for Selling:

Retiring

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.

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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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