Lighting Fixtures Company Investment Opportunity in Ontario, Canada
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 400 thousand |
Run Rate Sales | USD 900 thousand |
EBITDA Margin | 27 % |
Industries | Lighting Fixtures + 1 more |
Locations | Ontario |
Local Time | 5:15 AM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- Over 1.5 Million CAD in sales since inception; net profit of >25% last year.
- Tracking 1 Million in sales this year, 530K YTD in sales.
>$20 Million in opportunities pipeline.
- This year's orders growth is >70% compares to the same time last year.
>160 projects, 15 cities, >300,000 watts of energy saved >5,000 lbs of materials saved.
- 15 independent sales agents across the US and Canada, small internal team of 6.
- Patent pending electrical hardware, patent filed with CIPO (Canadian Intellectual Property Office)
- Fortune 500 Companies as clients.
- Order Book of $ 7 million.
Key points of the business -
- Bootstrapped growth.
- Founders with deep domain expertise.
- High-quality products at competitive prices.
- Patent pending hardware.
- Fortune 500 customers.
- Sales growth due to rapid expansion and the company completed 100 successful projects last year in more than 15 cities globally.
- Revenue is generated through the sale of smart lighting products, the sale of replacements & parts, and the company is planning SaaS-based solutions in the future.
- Sales strategy: Currently, the company has commissioned reps connecting with distributors. With funding the company aims to have a direct salesforce focused on enterprise clients and customers.
Tech-enabled smart lighting solutions including commercial and decorative lighting.
It will be answered after the introduction.
Rented real estate facility. More details after the introduction.
Self-funded, started in a basement, with no outside investment at any time. Only received a CEBA loan of CAD 60,000. 100% owned by a holding company.
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Earlier than 15 daysManaging Partner, Investment, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, Civil Construction, Doha, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Engineering Services, Mumbai, Corporate Investor / Buyer connected with the Business