Mfg. - Furniture and Fixtures

$Seller Financing Available

Asking Price	$200,000	Inventory	$100,000**
Gross Income	$400,000	Real Estate
Cash Flow	$100,000	Year Established	2001
FF&E	$3000*	Employees	1

* included in the asking price

** not included in the asking price

Founded in 2001, this lighting manufacturer supplies state of the art, contemporary lighting solutions. The company strives to provide the highest quality of service and support by being responsive to customer needs. The company is based in the heart of the Silicon Valley in California serving distribution customers throughout the country. Low overhead allows this company to compete for commercial lighting orders through a network of manufacturer s representatives (reps) with contacts to local architects, engineers, contractors and designers, collectively known as Specifiers, who advise the end-user customers. These reps represent several manufacturers and strive to have a complete product line so that they can meet the total lighting needs of a commercial building project. They use company-supplied catalogs, samples, and specification sheets to represent the products to these Specifiers. The company s specialty is contemporary track lighting solutions for low voltage (12V) applications. Due to the long lead times of these commercial projects, a large amount of inventory is not required, which also contributes to the low overhead business model. The business is located in Silicon Valley, but could be relocated. The business currently operates without employees and the principal works part-time at the business and still generates great results. He is looking to retire from the business, but will aid the buyer in transitioning to new ownership. Manufacturing is outsourced to meet the stringent requirements of the company, and provides an additional element to the low overhead model. Profitability for this business is great, with gross margins of 70%. If you step in with a full-time effort, the opportunity is immense. The ideal buyer will be well organized and help the regional sales people drive orders. The business owner does not do any selling; the local rep does the selling. CA DRE# 01753112

Competition: Very tight focus on track mounted low voltage commercial lighting. Competition generally sells a lot of different items and loses focus.

Growth/Expansion: Could add additional products to be more like the competitors, or expand to Canada and Latin America.

Seller Financing Available: Yes

Financing: Tbd

Support/Training: 4 weeks of training

Reason Selling: Retirement