Established LED Lighting Company - High Potential
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 2009
Number of Employees 1 - 3
Inventory TBD
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Partners lack of interest
Description This company was established in 2009 , with 3 initial principals. 2 of them have decided that they need to focus on their other companies. Currrent products are more than competitive, what is needed is a substantial marketing push. Retail Packaging is sorely needed. Current inventory is very low, but could be up to speed within 90 days post purchase. Many newly developed items are basically ready to go. Our products are much more competitively priced than GE , Philips or Sylvania. Products existing or pending have many applications from Residential, to Commercial, to even Municipal or Government programs. Lighting is everywhere but North Korea. Items are profitable, and with even higher volume sales could be even more profitable. We are not a '' Me-Too Company of LED. Our Products perform like no other in our price range. We work with 6 different Chinese Factories currently, and have very good QC on our products.
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