Highway Lighting Business For Sale

Business description

THIS BUSINESS IS UNDER CONTRACT AS OF JANUARY 2012.

INFRASTRUCTURE spending is on the increase and this business should benefit from future transportation spending. The Company has a Sales Backlog of over $8 million, which is unique in today’s economy. Sales year-to-date in 2011 are ahead of last year.

Buyers involved in sales of LED lighting, traffic signals, highway sign structures, or government sales, and that have manufacturing capacity and an existing sales force could realize substantial synergies purchasing this business. Aluminum fabricators should also have interest in its products.

This very profitable niche manufacturing business has a unique, patented system approved for use by state highway transportation departments and has an installed base of 4,000 systems. The business now includes state of the art LED lighting technology for highway, as well as for many other commercial LED lighting uses. These products improve highway safety and lower state transportation costs.

Presently the business manufactures and assembles the proprietary systems at a facility leased from the Owner.

The Owner is willing to stay actively involved in the business after a sale.

The Owner will consider some Seller-Financing to qualified buyers.

Financial results for fiscal year 2010 were: Sales-$2,477,230, EBITDA-$480,869, and Sellers Discretionary Earnings (SDE)-$1,220,652.

Serious Inquiries only.

Property information

Real Estate:

Lease

Size in square feet:

4,500

Business Operation

Reasons for selling:

Retirement.

Employees:

9

Years established:

16

Other information

Support & training:

Owner will provide training and support.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable.

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$72,000 (included in the asking price)