Serving the industrial sector across North America, Lucid is a leading branded inspection device company supplying video inspection devices used in the inspection, maintenance and repair of critical machinery and equipment across a range of industries, including aerospace, power generation, chemical processing, and automotive. With exclusive distribution rights with its manufacturing partner, the Company engages in continual product development to add products and features requested by its customers. The Company’s robust sales and marketing engine not only attracts and serves hundreds of industrial customers annually, but also provides a direct link between hands-on users and the R&D efforts supporting the product line.
This market includes premium vertically integrated players as well as resellers of low-end products. Lucid separates itself from the competition by exclusively partnering with a leading manufacturer that invests heavily in R&D, providing technologically advanced products in a seamless branded environment—offering a premium product experience at a lower cost than the traditional premium competitors.
The Company is positioned to scale as technological advancement has continued to narrow the gap between Lucid’s products and engrained premium market players. Customers have begun to notice, with one large industrial customer, a former customer of a premium competitor, making the switch to Lucid’s products in the last year. This momentum can drive repeat sales and new enterprise customer wins.
Day-to-day operations are run by a capable leader, with minimal owner involvement. Ownership is seeking retirement and is open to a transition period post-close. A related entity holds the real estate which ownership is flexible as to the sale or lease to new ownership.
Buyers will be required to have a minimum of $5,000,000 in liquid funds to be considered for this opportunity.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email [email protected]. Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email [email protected] for support. Thank you in advance!
Interested in other businesses for sale? Check out these opportunities coming soon here!
