Made in USA: LED Manufacturer Poised for Growth
For Sale in Western WA, WA
Financial & Assets Details
About the Business
Business Description
LED has finally reached the crossroads of a radical world-wide change in the lighting of homes, streets, parking lots, warehouses, buildings, etc. In the last decade the LED chip has quickly transformed the light bulb as we know it to a phenomenon quickly leading to a vast paradigm shift away from traditional light sources. Only in the last year has the technology, cost and acceptance finally reached the tipping point.
We have brought several transformational innovations in LED lighting through the creative, design, prototype and testing phases. We offer an array of LED lamps with equivalent lumen output ready to replace all levels of HID bulbs ranging from 50w to 1000w, and in several formats that will fit nearly every existing HID fixture currently installed or for new fixtures.
Our products benefit from a patented ‘plug-n-play’ design allowing for ongoing upgrades at minimal cost using a single lamp, leaving the existing fixture in use and without the hassle of fixture replacement or high-cost and labor-intensive retro-fit options. We have a game-changing, transformational product—that makes this a truly disruptive innovation.
Growth & Expansion
Currently doing $25k to $50k per month in sales without ANY marketing. Development of a sales team will increase revenue, hiring 5-10 assembly workers will allow for 10X current production capability. Potential high-cash-flow leasing business model consideration for vertical growth. Potential applications in indoor agriculture and Cannabis (designs already completed).
Seller Financing
Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.
Market Competition:
-Inventory valued over $1.5MM, Total assets valued at $2,544,123
-Buyer to benefit from Made In USA tax reform and recent LED tariffs
-Increasing demand for Made In USA products as Chinese failure rate soars
-Simple solution for HID to LED replacement vs competition
-Three patents included in sale and other proprietary IP
Location Details:
Contact Agent
Reason for Selling:
Retirement
