Specialty Lighting Manufacturer
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $825000
Net Profit / Cash Flow $203000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 6 - 9
Inventory 416837
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 3 months and employment contract after that if needed.
Reason for Sale Owner wishes to pursue other interests.
Description Our client is a specialty lighting and related products manufacturer that offers quality engineered merchandise to a variety of industries including outdoor, industrial, public safety, and military markets. The Company has over 700 customers and serves both government/military and commercial type accounts in both the retail and wholesale sectors. The company also has a rapidly expanding internet related sales presence. Superior products, coupled with excellent customer service and keeping costs down over the years have proven to be a winning combination for this niche business, especially in the current economic climate.
The company holds several patents and has NSN numbers on its products. Currently, 85% of the customers being serviced are either military (US and foreign) or in the continental US. Successful efforts have been made to expand to international markets and this is evident by the increase in foreign distributors and government contracts.
This 20 year old company has grown through word-of-mouth referrals, newsletters, press releases, site-visits, and trade shows and they are well positioned for growth because of the infrastructure that has been implemented over the years.
There is limited competition, however no competitor has the product line and mix along with the flexibility to design high-end, high quality products that meet and exceed customer expectations in this growing marketplace. Exceptional product quality and attention to detail has enabled this company to be at the forefront of this niche industry, thereby eliminating similar type competitors. Contact for more information on this Lighting Manufacturing business for sale.
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