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LED Lighting Design And Manufacture For Sale

GTA, Ontario, Canada
Asking Price:
$2,600,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,005,034 (CAD)
Cash Flow:
$687,675 (CAD)

This company is dedicated to the design and manufacturing of LED lighting products and components. Their offerings are tailored for the General Lighting Industry, serving a wide range of customers.

Their products are suitable for various sectors, including retail, institutional, and residential environments. Through innovative engineering and quality manufacturing, the company addresses the unique needs of each segment, ensuring reliable and efficient lighting solutions.

This team is dedicated to expanding its technology across an ever-growing range of products. Its commitment to innovation has been recognized through qualification under the SRED program, earning annual tax credits for more than a decade. Several of its advancements have led to the awarding of US patents, underscoring the originality and technical excellence of their work.

Every product in its portfolio is certified to meet UL and CSA standards, reflecting their unwavering focus on quality and safety.

Property Information

Real Estate:

Lease

Lease Terms:

5 years - $11,494.25 per month.

Location:

Located in a high-traffic Toronto area surrounded by restaurants, retail, and convenient TTC access.

Premises Details:

The facility features 8000 sq. ft. unit with Office, Warehouse and Manufacturing space and room to grow.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Expansion through the introduction of new products and the acquisition of new customers.
Planned launch of a new zoom lens multi-head fixture to enhance product offerings.
Recruitment of new representatives to drive customer growth and broaden market reach.
Continued growth will be driven by the introduction of innovative products, acquiring new
customers, and maintaining an active social media presence. The launch of new products, in
particular, will play a significant role in these expansion efforts.

Competition / Market:

Most competitors primarily offer standard products with limited finish options, as they typically import fully assembled items from China. In contrast, this company's competitive advantage lies in its ability to provide tailored solutions and deliver them promptly—proudly made in Canada.

Reasons for selling:

Retirement of majority shareholder.

Trading hours:

MONDAY – FRIDAY 8:30 AM To 4:30 PM

Employees:
7
Years established:
20

Other Information

Support & training:

Majority Owner is willing to train a new owner for 2 months or longer if required. Key
Management will remain if desired.

Relocatable:
This business can be relocated