Lighting Fixtures Company More Than 500 Accounts

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$2,500,000 $3,371,000

Manufacturing: Furniture, Fixtures Manufacturing

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RE: Lighting Fixtures Company More Than 500 Accounts Broker: Teoman Ucar

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $3,371,000
Net Profit: $400,000
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 13
BBN Listing #: 30226891
Broker Reference #: LIGHT-55

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Business Overview:

Opportunity knocks! Long Island-based, wholesale lighting fixtures company that has more than 500 accounts. After spending more than 20 successful years, the owner is retiring, so we’re looking for a new owner(s) for this unique opportunity. This business is on the market for the first time ever! Please note that the property is also optional and the price for the property is $3,500,000 (the business sits on land that is around one acre). In my opinion, the right party can easily take this business and upgrade it significantly with just a little bit of an effort. The business has everything it takes; equipment, customer database, long time business reputation, well-known company name and phone number (over 20 years old), and established clientele! The inventory is around $1.5 Mill. The cash flow is $400,000+. Please be prepared to sign a Non-Disclosure Agreement and provide some info regarding funds

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Market Competition and Expansion:

Definitely, room for expansion.

Reason for Selling:

Owner is 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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