Low Voltage Cable Business with Multi-State Potential! (37712)

Texas

Seller Financing Available

listing image
Asking Price:$850,000
Gross Revenue:$865,676
FF&E:$191,932
Cash Flow:$289,213
Inventory:$100,000
Established Year:2001
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!


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Listing includes varying Inventory overhead of $30K - $100K and is run from a Home-Based location, making it easily Relocatable!
Financing
Negotiable up to 20% for the right buyer.
Support & Training
Buyer can stayed as manager for 2 years, after which owner can sell 90% of the financials.
Reason for Selling
Approaching retirement and/or pursuing other interests.
Home-Based
This business is Home-Based
Report an Issue with this listing
profile-img
Jason
Hullender
logo-img
Jason Hullender