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Opportunity In Niche Cable Business With Experience! (37712) For Sale

Texas, US
Asking Price:
$1,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$463,975
Cash Flow:
$47,758

Listing provides low-voltage electrical cabling to commercial sites, county houses, and doctors’ offices; not installing fire alarm or sprinkler systems,  only fiber optics. Thanks to outstanding reputations specializing in systems for entry access control, security cameras, alarm monitoring and phones,  company is poised for industry growth. Launched in 2001, company’s income experience comes from services to Nursing Homes (11.5%), Medical  Facilities (11.5%) and Multi-Family Residencies (77%). Headquarters is run from a home-based facility and leases storage locations on a monthly  basis, as buyer can relocate business to a Sanger Warehouse or within region. Seller can remain for a year’s transitioning, plus 3 to 4 additional in  bidding and estimating roles with consultation fees and sales commission outside of Asking Price. Besides maintaining a website, marketing efforts  center on backing verbal referrals from a large and returning customer base through superior and quality services. Skilled team of three nonunion  employees will continue operations, and after buyer has stayed as manager for 2 years, owner is willing to sell 90% of the financials. Keeping overhead  inventory plus varying values per project, business includes travel trailers (1 cash & 1 note) and a manager licensed for 6 states, paid $1K monthly. Bouncing back from effects of the 2020 pandemic, Total Revenues for 2021 climbed to reach $463,975 along with Discretionary Earnings of $47,758 and are set to rise. Based on an independent evaluation!

Property Information

Real Estate:

Lease

Lease Terms:

Leases locations for storage.

Premises Details:

Listing includes varying Inventory overhead of $30K - $100K.

Size in square feet:
N/A.

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 7AM - 4PM.

Employees:
3 nonunion.
Years established:
2001

Other Information

Support & training:

Buyer can stayed as manager for 2 years, after which owner can sell 90% of the financials.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$191,932 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price
Relocatable:
This business can be relocated.

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