This company is a manufacturer of modern hanging light fixtures, including ceiling, cylinder, linear suspended, pendant, and rings fixtures. Their fixtures can be found in commercial facilities throughout the U.S. including hospitals, schools, corporate offices and building lobbies. They assemble fixtures onsite upon receiving an incoming order. They warehouse most components but quote 8-10 week lead times to account for the outsourced metal frames, canopies, lenses, and powder coating or painting. Upon completion, the wholesale product is crated, packaged and drop shipped to the client.
The business is located in a quiet industrial park. The space includes approx. 800sf of office and 2,450sf of warehouse. The office features a lobby, 3 executive offices, and 2 restrooms. The warehouse is very spacious and is extremely underutilized by the current owner. It features several assembly tables and 2 large rollup doors perfect for oversized product deliveries. The sale includes all the customary tools and fixtures, including a drill press, forklift, rack shelving, bin storage for small parts, etc., all on casters for easy mobility. See Agent for complete asset list.
The owner purchased the business intending to operate it with a family member. Due to family health challenges, he now operates the business alone, and so is looking for a successor to step in and grow the company. The business has a successful core product line, but the owner does nothing to drive sales. He doesn’t actively manage or otherwise attempt to grow the distributor network. He maintains a very narrow product selection, with little effort to introduce new lines. He doesn’t advertise or market: there is no social media and no outreach to the interior design community. He has not attempted to expand into new markets such as restaurants, hotels, and residential.
This lighting manufacturer is the perfect established business with a great core product line, ready to grow. If you're already working in lighting or manufacturing, or if you’re seeking to grow by acquisition, this may be the perfect opportunity for you. Interested? Questions? Qualified Buyers, schedule a walkthrough with the Agent!!!
Business is home-based
No lease information found.
None
Open: 7 Days a Week None
Closed: None
Hours: None
Bottomline Business Brokers is sharing information about this Business for Sale under the terms of your current, signed Non-Disclosure Agreement. If you visit this business, please do so discreetly. Do not contact owner, employees, landlord, suppliers, or other tenants! Thank you.
We advise all clients to seek independent legal, tax, accounting, and other professional advice prior to making a purchase decision. The information contained herein has been obtained from the Seller. Bottomline Business Brokers (BRE # 01926680) makes no warranty or representation, express or implied, as to the accuracy of this information, and is submitted subject to errors, omissions, change of terms, withdrawal without notice, and any specific listing conditions imposed by our principals.
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