Details - Information last confirmed on March 18, 2021
This light and accessory manufacturer has been established for nearly 30 years. They manufacture exquisite interior, exterior and custom light fixtures – a market segment with high barriers to entry and are listed with the Underwriters Laboratories and is certified for the Canadian sale and distribution. All of their fixtures are hand forged and finished and are LED compatible. Due to their designs, ability to customize products, prompt execution and timely delivery the firm has become a favorite with interior designers, architects, hotels and real estate developers.
All of the enterprise’s furniture, fixtures, equipment, goodwill and permitting are included in the sale. $450,000 in inventory will be sold at cost at close in addition to the purchase price.
While the industry does have a fair amount of competition, high barriers to entry coupled with the years it takes to establish credibility, build a reputation and develop a loyal client following discourages new competition.
Building upon nearly 3 decades of goodwill and customer satisfaction, as well as a formidable product offering and incredible production ability, new management may take this opportunity in any number of directions readily available to it.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.