LED LIGHTING Manufacturing Lender Pre-qualified

Orlando, FL
LED Manufacturing Facility
Sale Pending
Asking Price:$900,000
Gross Revenue:$1,282,405
EBITDA:$206,764
Cash Flow:$366,764
Inventory:$240,000
FF&E:$150,000
BUSINESS DESCRIPTION

Niche Proprietary Manufactured programable LED lighting fixtures for the commercial market made right here in Central Florida. Deposits of $718,000 included in the sale. In addition, there are currently $1,000,000+ 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 will need to be relocated in the next 12 months or less. 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 trademarked brand, 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.


DETAILED INFORMATION
Location
Orlando, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,600
Furnitures, Fixture & 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
Bank Financing 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.
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Jackie
Ossin Hirsch
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Jackie Ossin Hirsch