Business Overview

This company provides the latest VoIP and digital telecommunications technology and product solutions from top manufacturers.

Own your own business for $50,000 down! IT knowledge helpful but not required (Owner financing subject to owner approval). The time to get into the technology business is now! 

> VoIP and digital phone systems.
> Telecom networking
> Voice mail/Voice mail to email
> Hosted PBX
> Intercom/paging systems
> Commercial Audio/Visual
> IP Camera Systems
> WiFi Networks
> Phone and data cabling

Current owners have a broad customer base with a great reputation and ability to keep systems operational with extensive testing and diagnostic equipment. Existing installed systems are photographed, diagrammed and memorialized for future reference and service. Fantastic reputation — recognized for knowledge, service and solutions to meet and exceed client reputations. This company has a great customer list and would be a good addition to your IT consulting or computer service company. Much of the current customers are ripe for new systems and upgrades. Located in a nice office, but could be relocated anywhere. Inventory, tools and equipment included. Training period for new owners is negotiable.

Company could benefit from the addition of a sales/marketing person.

Financial

  • Asking Price: $198,000
  • Cash Flow: $81,058
  • Gross Revenue: $137,682
  • EBITDA: N/A
  • FF&E: $9,800
  • Inventory: $69,000
  • Inventory Included: Yes
  • Established: 1992

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:900
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

900 sq. ft. leased space

Is Support & Training Included:

Seller will negotiate a transition period

Purpose For Selling:

Retirement

Additional Info

The company was started in 1992, making the business 30 years old.
The sale does include inventory valued at $69,000, which is included in the listing price.

The business has 2 FTE employees and is situated in a building with disclosed square footage of 900 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell companies. However, the true reason and the one they tell you may be 2 completely different things. For instance, they might say "I have a lot of other commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may just be justifications to attempt to conceal the reality of altering demographics, increased competition, recent decrease in profits, or a variety of other reasons. This is why it is extremely important that you not count totally on a vendor's word, yet rather, use the seller's answer along with your total due diligence. This will paint a more reasonable image of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of companies take out loans in order to cover points such as stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can suggest that profit margins are too thin. Numerous businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that have to be met or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area attract brand-new consumers? Often times, companies have repeat consumers, which create the core of their day-to-day revenues. Certain aspects such as brand-new competition growing up around the area, road building and construction, as well as staff turn over can impact repeat consumers as well as negatively affect future earnings. One vital thing to think about is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business often, the better the chance to construct a returning customer base. A final thought is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? How might the regional average family earnings influence future income prospects?