• Listing ID: 1002344
  • (Seller ref: 18701)

Commercial Lighting Manufacturer In Connecticut For Sale


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Asking price:
$7,000,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$11,264,000
Cash flow:
$1,478,000
Years established:
13
Employees:
15

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The Company is a manufacturer of high quality commercial and industrial lighting fixtures. The Company manufactures a full line of recessed and surface down lighting in 3” to 16” apertures with CFL, HID, Quartz and LED lamp sources. They sell their products nationally to electrical distributors through a network of sales representatives. Despite the downturn in the economy and decline in nonresidential construction, sales have remained strong and cash flow is robust.

The business operates from a 45,000 square foot brick and wood frame manufacturing facility. The Company has a very favorable lease expiring in 2012 that is assignable. The operation can be relocated. There is modern, well-lit office space and approximately 44,000 square feet for manufacturing, storage, and shipping. The facility is part of a larger building and is located 2 miles from a major highway.


Location:
Southern New England

Support & training:
As needed for a smooth transition.
Reasons for selling:
Retirement
Financing available:
Negotiable
Furniture / Fixtures value:
$5,200 (included in the asking price)
Inventory / Stock value:
$750,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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