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Rev $12.1MM - Distributor of Lighting Accessories

This company is one of the nation’s leading suppliers and distributors of miniature and sub-miniature lamps and lighting accessories. It offers a wide selection of standard lamps and sockets, available from stock plus a full range of custom and special assembly services.

The company is undergoing a target industry transformation that is actively leading to higher profit margins. It is moving away from the competitive Automotive industry with its lower margins and decreasing volumes, and moving into the more profitable, vastly larger, Medical, Computer and Gaming industries. The percentage of revenues in those new industries is steadily increasing.

Also, year over year, the in-house assembly capabilities have gone from 5 to 10% of revenue and increasing. Product ideas are also pursued by the Engineering team.

Over the years, the company has earned a reputation for quality, reliability and consistently high levels of customer service and support.

The Company’s clientele includes Fortune 100 companies, the Department of Homeland Security, Automotive OEM's, Aviation OEM's, Engineering firms, Architectural firms, Special Effects firms for the Film Industry, NASA, Computer manufacturers, POP manufacturers and Gaming manufacturers.

The Company maintains an experienced design and applications engineering team to aid customers in determining mechanical and electrical specifications which will best satisfy lighting requirements. Sales and engineering staffs at the company support customer requirements through national and international sales representatives and stocking distributors.

The company’s simple approach to business, stressing quality, superior technical capabilities and a demonstrated skill in solving difficult lighting problems, has established the company as an innovator and solution provider in the lighting industry

PLEASE GO TO WWW.CROSSROADSBUSINESS.COM TO DOWNLOAD A CONFIDENTIALITY AGREEMENT. FAX BACK TO 949-266-8495, ATTN: VASILIS GEORGIOU.

Industry:  Wholesale and Distribution
Industry Segment:  Wholesale and Distributors
Geography:  United States > California > Southern CA
Asking Price:  $6,500,000
Gross Revenue:  $12,064,000
Gross Revenue Comments:  Price includes Assets valued at $4.5MM
Cash Flow:  $1,200,000
Cash Flow Comments:  3 year Average SDE
Value of Inventory:  $2,600,000 (Included in Asking Price)
Value of Equipment:  $160,000 (Included in Asking Price)
Seller Financing:  Negotiable
Year Established:  1972
Number of Employees:  28 full time -
Reason For Selling:  Retirement
Facilities:  6,500 SF
Email:  georgiouv@crossroadsbusiness.com
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