Transformer & Ballast Manufacturing Co. Fluorescent Lighting

Chicago, IL (Cook County) (Relocatable)

Seller Financing Available
Transformer & Ballast  Manufacturing Co. Fluorescent Lighting

Asking Price:$600,000

Cash Flow:N/A

Gross Revenue:$683,331

EBITDA:N/A

FF&E:$124,600

Inventory:$200,000

Real Estate:N/A

Established:1939

Transformer & Ballast Manufacturing Co. Fluorescent Lighting

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Business Description

Playbook Advisory has been engaged to sell the assets for a Ballast manufacturing company that has had a successful 77 yr. history within the FLUORESCENT LIGHTING INDUSTRY. The company has both domestic and offshore capabilities for the production of its products. The owner of the business believes a new owner who is focused on the business has an opportunity to increase production offshore and capture a larger share of the current market. The sales price includes a large customer list, copies of quotes, trademarks, UL files containing hundreds of approved products, machinery, tooling/dies AND MAY (at the option of the buyer) include inventory of $200,000.00,

The company currently manufacturers in both the USA and China. a prospective buyer may decide to continue manufacturing in both locations or may decide to only manufacture in China and thereby reduce its employee count, factory space & overhead. The company has excellent relations with several major manufacturing facilities in China that produce high quality and reliable products.

Strategic buyers can utilize the company name, reputation, customer list, and manufacturing and supply chain to capitalize the demand for made in the USA ballasts, as well as, custom manufacturing in China. The Seller is flexible as to the structure of a transaction and will work with Buyers to transition the company to the new owner. The Seller owns the manufacturing facility and is willing to negotiate a short or long-term rental agreement to the satisfaction of the Buyer. However, a space lease is not required.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building Sq. Ft.:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased facility available for new owner with either a short or long term lease agreement with Seller.
Support & Training:
Training and support offered to new owner for up to 6 months or longer if necessary.
Reason for Selling:
Divesture

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Jim Peddle

Business Listed By:
Jim Peddle

Playbook Corporate Advisory, Inc.

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