Audio-Video Installation & Service

Business
  • Listing# : 12833
  • Listed Price : $1,725,000
  • Total Sales : $595,312
  • SIC : 7371
  • Down Payment : $1,525,000
  • Status : Active
  • Discretionary Earnings : $324,942

Business Type :

Electronics/Computer / Sound/Video Systems

Business Description :

High End audio/video business is perfect for buyers who can truly appreciate the value of a high performance B2B business with significant turnaround growth potential. Business engages in the practice of installing video/audio systems for fortune 500 company conference rooms consisting of conference room design, video teleconference and interactive conferencing. Business is leveraging its well established position in the rapidly growing audio/video business where it has thrived for over 14 years now. Business excels in the sales and installation of high end audio/video equipment including video conferencing and sound masking solutions for Fortune 500 Companies. Presently, 90% of its revenue comes from a single long term customer relationship of over 14 years. It has many competitors but is often time the only bidder on its large customer contracts. All sales to date are from referrals. Highly skilled professional sales, installation and support staff set them apart. Could exceed $2.5M in revenues in 2017 based on a forecast of likely funded projects. Seller seeks thought partner and investor who can help him grow the business.


Assets/Liabilities:

    • Accounts Receivable $53,688
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $10,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $375,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $385,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Electronics/Computer