Wholesale/Dist. - Durable Goods | Mfg. - Miscellaneous Manufacturing

Asking Price	$1,111	Inventory	$2,000,000*
Gross Income	$3,500,000	Real Estate
Cash Flow	$100,000	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This company was founded by the owner many decades ago. They specialize in crystal lighting, but have other lighting primarily for residential purposes. Many of the products are imported from Europe and Asia and then assembled in the US. Sales for the company before the recession were about $6 Million with about 10% cash flow. The lackluster building market and poor economy have pushed sales down by almost half and the company is at about a break even now. They have almost $2 Million of inventory and $1 Million of external debt. The company has no sales and marketing and is in need of this. Much of this was previously done by the founder who spends much less time in the business now. The business is in a 56000 SF leased facility close to a major interstate in a large southeast city. There is no formal asking price, but the owners realize most of the transaction will be an asset sale with much of any goodwill going in the form of an earn-out. For additional information, please contact Bill Law at 904-819-6930 ex 12 or email bill@biz-sold.com

Facilities: Leased facility with 56,000 SF

Reason Selling: Retirement