Lighting Fixtures Made In China Sold Nationwide
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1000000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 6 - 9
Inventory 300000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train and work as consultant for new owner.
Reason for Sale Retirement.
Description 1. Motivated Seller.
2. Net Cash Flow: 350,000.
3. Gross Sales: 1,000,000.
4. Sales Price: 995,000. Includes Current Saleable Inventory At Cost Of: 300,000.
High Margins And Simple Operations. Company Operating Successfully For Many Years Has Products Manufactured In China And Distributes From Los Angeles Warehouse Lighting Fixtures For Home, Office And Commercial Applications.
All Product Is Designed Here And Imported From China With Some Local Assembly. Management In Place. Cash Flow To Owner Is 350,000 Per Year. Owner Very Motivated Due To Personal Circumstances.
The Owner Started This Business 16 Years Ago And Has A Sales Force Of Manufacturer Representatives Around The Country. An Aggressive New Owner Would Be Able To Easily Increase Sales. All Support Management Is In Place To Continue The Growth Of This Company.
Contact Now For Details.
Click Here To Contact Seller
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