LED Manufacturing, Cutting Edge LED Company for Sale.
Founded in 2013, this LED lighting company is leading the sustainable electricity industry. Based in Central NY the company distributes LED lighting solutions for commercial, residential and industrial uses to customers throughout the US and South America. Majority of the customer base is business to business electrical wholesalers.
Financial Information
- $599,000 Asking Price
- $243,611 Cash Flow
- $1,237,000 Gross Revenue
- Negotiable Down Payment
- Yes Financing
Business Location
- City: Syracuse
- State: New York
Financing Comments
- There is a $500,000 assignable loan at 3.75% over 30 years. This loan does not encumber the building or land.
Reason for Sale
- Retire from the industry and relocate.
Detailed information
- Year Established: 2013
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Full-Time Employees: 3
- Part-Time Employees: N/A
- Contractors: 3
- Owner Worked Hours/w: 40
- Adjusted EBITDA: $243,611
- Inventory Included: No
- Inventory Value: $500,000
- Monthly Rent: $4,667
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $550,000
- Building Size: 20000
- FF&E Included?: No
Training/Support
- Three weeks 20 hours per week.
Facilities
- 20,000 sq foot warehouse and office. Plenty of parking in a fenced off lot. Block structure with brick facing on portions. Office space is finished including a conference room. Warehouse space has racks and a smooth floor in one section ideal of a pallet jack and an attached raw space with smooth floors and high ceilings where a fork lift can operate.
Market Outlook/Competition
- The LED business an easy step for the "Green" initiatives. LED bulbs produce 90% more light than a traditional incandescent bulb and are a relatively inexpensive solution. On average, LED lighting uses 75% less energy than traditional lighting. According to Grand View Research the CAGR* of the US market is projected to grow 8.6% from 2023-2028. The global market has an even stronger CAGR with a projected growth of 17.6% through 2029. *Compound annual growth rate.
Real Estate Description
- 20,000 sq ft facility with office and warehouse, offered for sale or lease.
Business Listed by
Anthony Tarricone
Sunbelt of WestchesterContact Business Broker
"*" indicates required fields