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For over thirty years this company has been recognized as a leading source of lighting-related plastic and glass components including lighting panels, light covers, fluorescent lenses, tube guards, parabolic louvers, lighting globes and other lighting components. The company represents some of the most prominent lighting products manufacturers in the United States. The company maintains a large inventory of components which can be shipped immediately. In addition, plastic parts that are no longer available from the original manufacturer, or that must meet the client’s custom specifications can be quickly designed and fabricated in this company’s manufacturing facility.
The sellers, two partners, have developed a long term, very loyal customer base, built by the company’s flexible, timely service and high-quality products. The roster of primary customers includes local electrical parts distributors, electrical contractors, governmental agencies, school districts (elementary through college), as well as hospital groups.
The sellers do almost no marketing, instead relying on the reputation of the business and the steady demand from the 1,000 plus existing customers. Importantly, there are currently several geographical areas that could be easily accessed but where the company now has almost no presence. The sellers believe that significant growth can result from hiring a sales agent to do sales representation in those under-served areas.
There are no other businesses in Northern California that can provide out-of-production parts or custom manufacturing for many of these products. The few other suppliers of these types of lighting-related components are essentially retail/wholesale distributors of currently produced OEM, off-the-shelf products.
The sellers will stay with the company for a reasonable amount of time after the sale to provide training and introductions so as to successfully transition the business to the new owner.
Some financing may be provided by sellers for a qualified buyer making a substantial down payment.
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