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Listed by:

Neumann Associates

Cash Flow Strong Home Electronics Services Firm For Sale

Connecticut, US
Asking Price:
$1,210,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,375,000
Cash Flow:
$405,000

This well-known Home Electronics and Home Theater Services Firm provides a wide array of design and installation services to a high-end residential client base throughout the New England region. The firm enjoys significant operating margins, documented profitability and significant owner benefit.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.4x EBITDA (ttm). A full valuation report is included and there is $45,000 in Net Working Capital plus another $45,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain more than $190,000 benefit in after-acquisition-debt cash flow in Year #1 – over 80% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Property Information

Premises Details:

This business currently operates from a conveniently located home office with additional outside storage for large jobs and can be easily relocated to meet a new owner’s preferred location. (Home Based)

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

It is projected that a new owner will obtain significant additional growth by expanding team capacity to service higher customer demand with a minimal investment of $200,000. The Company projects an annual revenue growth rate under such premise of 25%+ per year with higher gross margins.

Competition / Market:

The company enjoys a strong competitive advantage in the service area through its tenure in the marketplace as a customer centric high service organization. The Company has a solid foundation and is poised for accelerated growth.

Reasons for selling:

Retirement (consulting available)

Employees:
2
Years established:
2015

Other Information

Support & training:

A comfortable transition period including a mid-term consulting agreement thereafter will be provided by the owner who truly wants to see the business continue to flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$0.2m Seller note plus $0.7m Bank financing subject to buyer qualification

Furniture / Fixtures value:
$45,000 - included in the asking price
Inventory / Stock value:
$45,000 - included in the asking price
Home based:
This business can be run from home
Relocatable:
This business can be relocated