Active
LED LIGHTING Manufacturing Lender Pre-qualified
Orlando, FL (Orange County)
Seller Financing Available
Asking Price:$1,488,000
Cash Flow:$675,458
Gross Revenue:$1,556,806
EBITDA:$675,458
FF&E:$162,000
Inventory:$420,000
Rent:N/A
Established:N/A
Business Description
Detailed Information
Orlando Based Manufacturing Company Available
Proprietary Manufactured programable LED lighting fixtures for a niche commercial market made right here in Central Florida. Currently $1MM+ in orders in process. This Company manufactures the thinnest LED fixture with the largest number of colors in their market. The newest version has just been launched and with better programming capabilities. They own the proprietary software which will be part of a subscription model to companies. With a strong current commercial customer base there is the opportunity for expansive growth in North America and markets around the world. The Seller would like to retire, luckily, the manager who has been with the company for years, wants to stay on for another three years. The business could also be relocated elsewhere in the USA. Central Florida would make the most sense because of the current staff in place. Their customers describe them as a recognized leader and premier supplier in their industry.
The fixtures are marketed under their trademark, well-known brand name in their industry, with a reputation for quality and performance. The manufacturing process is highly automated with state-of-the-art equipment, allowing the business to run with just a couple employees and the owner. The future growth of the Company will be applying this design and technology to new applications within the current scope as well as capitalizing on the current organic growth. The Company has a professional, well-trained, and seasoned staff that is willing to stay on with the sale of the business. The owner will ensure a smooth transition as he retires.
Buyer's NDA and Proof of Funds and mini-bio required prior to releasing information.
The fixtures are marketed under their trademark, well-known brand name in their industry, with a reputation for quality and performance. The manufacturing process is highly automated with state-of-the-art equipment, allowing the business to run with just a couple employees and the owner. The future growth of the Company will be applying this design and technology to new applications within the current scope as well as capitalizing on the current organic growth. The Company has a professional, well-trained, and seasoned staff that is willing to stay on with the sale of the business. The owner will ensure a smooth transition as he retires.
Buyer's NDA and Proof of Funds and mini-bio required prior to releasing information.
Ad#:2244674
Detailed Information
- Location:
- Orlando, FL
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- N/A
- Lease Expiration:
- N/A
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Robotic Machinery in place to manufacture circuit boards for the lighting fixtures.
- Growth & Expansion:
- The fixtures could be marketed to other industries. The proprietary software hasn't ever been marketed and could take the company in a whole new direction.
- Financing:
- Seller is open to a small portion of financing. Bank Financing also available.
- Support & Training:
- Seller is absentee. Manager, who has been running the business for many years will stay with the business for another 3 years before retiring.
- Reason for Selling:
- Owner Fully Retiring after working for 40+ years and moving out West.
Listed By: Jackie Ossin Hirsch
Background information
Reference:
LEDLIGHT
Finance
Sales:
$1,556,806
Profits:
$675,458
Profit type:
Discretionary Earnings
Price and terms
Price:
$1,488,000