Low Voltage Cable Business with Multi-State Potential! (37712)
Business Description
Listing provides low-voltage electrical cabling to commercial sites, student and multi-family housing, hospitals, medical facilities (long term care, dialysis, Alzheimer’s and other specialty care facilities) and commercial enterprises. The company’s services include installation of systems for entry access control, security cameras, alarm monitoring, phones and fiber optics but not fire alarm or sprinkler systems. Launched in 1985 but incorporated 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, so a buyer could relocate offices and storage to their own location. Buyer is required to obtain alarm technicians license in state of operation, Officer’s license and Manager’s license after 2 years of operation. New owner would utilize seller’s license until approval is obtained in two years, which includes a separate support option to provide bidding and installation services for as long as needed under a separate consulting fee. Besides maintaining a website, marketing efforts center on backing verbal referrals from a large and returning customer base through superior and quality service. The owner employs a team of three skilled, nonunion employees that support client projects and can be utilized by the new owner, even after the person has retained a manager’s license for 2 years. Assets include small amount of inventory, 3 vans and cargo trailer. Most inventory is ordered to client’s project specs. Bouncing back from effects of the 2020 pandemic, Revenues from February to December 2023 climbed to $865,676 along with Discretionary Earnings of $289,213 and are set to continue their rise. Based on an independent evaluation!
About the Business
- Years in Operation
- 24
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- Listing includes varying Inventory overhead of $30K - $100K and is run from a Home-Based location, making it easily Relocatable!
About the Sale
- Seller Motivation
- Approaching retirement and/or pursuing other interests.
- Transition Support
- Buyer can stayed as manager for 2 years, after which owner can sell 90% of the financials.
- Financing Options
- Negotiable up to 20% for the right buyer.
Listing Info
- ID
- 1965723
- Listing Views
- 3192
Listing ID: 1965723 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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