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Successful Established Custom Audio Video Integrator Business For Sale

Oak Harbor, Washington
Asking Price:
$40,000 Inventory / Stock included
Sales Revenue:
$100K - $250K
Cash Flow:
$50K - $100K

Single person 24 year successful Custom Audio/Video/Integrator business for sale on Whidbey Island, Washington (85 north of Seattle, WA). Business has been a single person owner/designer/installer operation for the entire 24 years. Business has 300+ client files describing details of each project including contact info for each client. Business currently has 20+ projects, with daily calls for new projects. Business is currently licensed with both state and local agencies. Business currently has multiple accounts with NW and national wholesale distributors. Business is a fully licensed Washington state Corporation with an assigned Federal ID and active insurance coverage.

Reason for selling the business is Owner/President is approaching age 75 and ready for full retirement. New buyer will need employee personnel with full Washington state certifications for installing low voltage audio/video/network/control systems. Current owner has both E06 electrical journeyman certification and Electrical Administrator Certification (combined into a single Master ME6 Electrician certification). Any buyer will need Washington state certified business personnel onboard to continue project installations. New owner will need personnel with high end system design background and installation background. Many projects have been six-figure accounts in very high end homes. Business is 98% residential/2%Commercial.

Current owner willing to stay onboard as employee to assist with system design requirements and provide fulfillment for the state required staff "Electrical Administrator" until new owner attains such personnel. It is the current owner's desire to no longer participate in system installations after 31 December 2018.

Desire is to sell the business on 31 December 2018. New prospective owner has open invitation to see (and participate in) the daily operation of business through 31 December 2018. This is an excellent opportunity for continuing a successful business and enjoy the added benefit of experiencing the rural island NW lifestyle.

Property information

Real Estate:

Real Property Included

Living Accommodation:

New owner will need to establish his/her own living accommodations.

Location:

Business currently has no show room. Business is run/operated via dedicated home office . Business does include two dual section rental storage units. All material in these facilities are included with purchase price.

Premises Details:

New owner will establish a new office

Size in square feet:
NA
Planning Consent:

NA

Business Operation

Expansion Potential:

Up to new owner... I have installed systems throughout the Northwest, in addition to systems installed outside the state. Expansion opportunities for new owner is up to him/her.

Competition / Market:

No other Custom A/V Business located on the island

Reasons for selling:

Owner approaching 75, and ready for full retirement.

Trading hours:

All training has been at owners own initiative as provided by CEDIA Expos, account distributors and product manufactures.

Employees:
No employees, just owner and wife as corporation President/Vice President
Years established:
1994

Other Information

Support & training:

Owner willing to provide individual training for new owner and his team. All interested buyers should have lengthy experience in the Custom AV industry and should be fully capable of designing and installing custom Audio/Video/Network systems.

Inventory / Stock value:
$10,000 - included in the asking price
Website:
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Home based:
This business can be run from home.

Contact Information

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