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Wholesale Lampshade Manufacturer

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$300,000 $800,000 $115,623

Furniture and Fixtures Value:
$30,000 (included in the asking price)

Inventory Value:
$300,000 (included in the asking price)

Business Summary:
Solid, established manufacturer and wholesaler of custom and stock lampshades. No designer or creative capacity required. Inventory includes hardware, fabrics, patterns, trem and frame. Owner involvement can be semi absentee as staff is experienced. East coast and national retailers are long term customer base. For further information, please contact 908-851-9040 Ext. 266.

 
   
   
Year Business was Established: 1954
   
Number of Employees: 8  
   
Facilities / Terms of Lease: 13,900 sq. ft. factory, semi automated on two floors. Six parking spaces.  
   
Competition: Most competitors have not serviced recession. Opportunity for expansion of clientele is throughout east coast, even national.  
   
Owner willing to finance: Five years at prime + 2%  
   
Owner willing to train: Yes  
   
Reason for selling: Relocation  
 

 

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