Legacy Lighting, Bath & Furnishings

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$9,000,000 $6,154,450

Manufacturing: Non-classifiable


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RE: Legacy Lighting, Bath & Furnishings Broker: Carey Davis
Owner Financing is Available!
1,000,000.00

Quick Facts

Asking Price: $9,000,000
Annual Revenue: $6,154,450
Net Profit: Not Disclosed
Cash Flow: $1,459,732
Total Debt: Not Disclosed
FF&E: $363,582
Real Estate: Not Disclosed
Year Established: 1978
Employees: 34
BBN Listing #: 764135879
Broker Reference #: 6842-753163

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Business Overview:

Internationally known designer and manufacturer of luxury lighting, bath accessories, washstands, bathtubs, and miscellaneous furnishings. Much of the work is customizing existing products or fabricating new products designed by clients. UL workshop. There’s a beautiful showroom in Manhattan. The company employs very high-end craftsmen and industrial designers. Four dedicated and qualified national reps around the country represent this luxury brand.

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Property Features and Assets:

In the early 1970's the founder of the company was at the forefront of the nascent salvaging movement; with a collectors eye and entrepreneurial spirit, he positioned the business to capitalize on the burgeoning home restoration movement and growing trend in eclectic home decor, re-imagining architectural remnants in the home environment. The company excels in bringing a fresh perspective to pieces of historical and architectural importance.

Market Competition and Expansion:

The company has carved an enviable niche in the design world to become a leading design resource for new lighting, bath furnishings, and tile. It draws inspiration from roots in architectural salvage, summoning designs from the turn of the last century through to the modernist aesthetic of the mid-20th century. Inspired by the creativity and new technology today, new products are part of the collection. Expanding the significant B-to-B sector and developing retail locations in high-end locations- specifically California. Currently, there is only one retail location in Manhattan. The owner is open to staying on in a key capacity.

Reason for Selling:

Retiring

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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