Commercial Lighting Manufacturer On The West Coast

Business Overview:

This Established Commercial Lighting Manufacturer has grown consistently since inception and is now available for a new owner or strategic buyer to take it to the next level!This business has seen Year-Over-Year growth of Clients, Revenue and Net Income. In 2023 the business generated $4,322,334 in annual sales revenue and produced $682,158 in Seller Discretionary Earnings (SDE) for its Owner. The company 2024 ytd (8/31/24) financials are $2,922,615 in revenue and $543,357 in SDE.The business competes based on the quality of services at a competitive price, responsiveness to customer service requests and reputation. Significant barriers to entry exist for under-capitalized competitors, as this company utilizes the latest equipment, technology and strong vendor relations. The strength of the existing and new client relationships they have built has yielded high customer satisfaction ratings. The owner has well-documented SOPs (standard operating procedures) that outline all jobs required to successfully operate the business.Among the value-adds for the business, this opportunity offers the following: Internally designed and engineered products used in a variety of commercial and high-end retail applications. High level of inventory turns Lean staff based on revenue Warranty costs below industry standards and on-time shipping above industry standards. Robust infrastructure: barcoding, cycle-counting and incoming inventory inspections.An ideal buyer for this company would be a business already operating in the commercial lighting space or an industry-adjacent space.The business currently has 1 working owner and several full-time employees. The owner is open to staying onboard through a training and transition period to be negotiated.For more information, please contact Frank Costa at (818) 653-3480 or at frank.costa@sunbeltnetwork.com.Disclaimer: The information herein was furnished by the Seller. Neither Sunbelt Business Brokers Pasadena, nor its agents, have verified the information and make no representation as to its accuracy, completeness or reliability. It is buyer’s responsibility to perform independent due diligence to verify all the information, with the aid of appropriate professionals, if necessary, prior to purchasing the Business.

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Reason for Selling:

Retirement

Additional Details:

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