Manufacturer for Metal Products
Price: $995,000
Location: Morris County, NJ
Industry: Manufacturing
Listing ID: P012523
This business is a 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
Inventory: $700,000
Operation
Year Established: 1948
Employees: 25
Location
Square Footage: 95,000