Manufacturer – Metal Lighting Fixture Products, Great Assets!
Price: $995,000
Location: Morris County, NJ
Industry: Manufacturing
Listing ID: P012523
Seller Financing available, make offer! Seller is seeking retirement from this highly reputable manufacturing company producing high quality, energy efficient metal lighting fixture components for a variety of commercial and residential applications. The company is located in Morris County, NJ with a 75-year history.
Their product line includes custom architectural lighting fixtures, decorative wall mount and vanity fixtures, under cabinet lighting, task and strip lighting, and proprietary fixtures. Their lighting fixtures utilize modern LED technologies and have a variety of lamping options. They operate from a 95,000 square foot manufacturing facility with administrative and executive offices. Staff includes in-house engineering, CNC programming, tool design, tool and die makers, and long-term production employees with a high level of experience.
This Company was formed in 1948 by the original owner and morphed into its current state of operations and impressive location in 1976. The current owner is planning for retirement and will assist with a transition. The company has strong assets, inventory, and management in place. There are strong growth opportunities for both existing and new products in both commercial and residential markets.
Listing Details
Gross Revenue: $1,680,000
FFE: $830,000 (Included in Price)
Inventory: $700,000
Reason For Sale:
Retirement
Training & Support:
Seller will assist with ownership transition
Operation
Year Established: 1948
Days & Hours of Operation: Production Monday through Thursday
Employees: 25
Location
Type of Location: industrial/corporate complex
Square Footage: 75,000
Facilities Information:
Lage size manufacturing business with lots of equipment and room for growth,