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Commercial Audio & Video Technology Services
Location: United States -> Washington -> Seattle
Industry: Business Services > Advertising and Marketing




Business Summary

Located in the Seattle, Washington area, this specialty trade electrical contractor provides installation and repair services for wireless audio and video systems for commercial applications. The company's primary products and services include intercoms and wireless audio systems for fast food restaurants with drive-thru services. 3M headsets represent 90% of services, CCTV cameras 8% and Ozchi timers and other account for 1% of sales and services. Offering these services requires a facility to store product inventory, and personnel to perform the services. All Company personnel are factory-trained, certified technicians, and licensed installers. The company has many nationally recognized customers in the fast food franchise industry. With its niche range of services, the company's marketing efforts focus on targeting fast food restaurants and other commercial entities in Washington and Oregon.

While the company maintains a website to help promote its services, they have thrived on word-of-mouth referrals since inception in 1993. 95% of sales are coming from a large list of existing customers. Even with some basic marketing efforts, sales are sure to increase. This offering would be ideal for a lifestyle or an industry buyer. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Liquid cash and A/R to be determined at time of sale. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.
The leased 1,200-square foot facility features 750 square feet office space and 450 square feet for storage, repairs, and production. The area is currently experiencing upzoning with high rises being built. The facility has a month to month lease however, a long term lease is available. This business could be relocated within the primary service area.
Asking $1.25M, Including inventory and equipment.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,400,000
Cash Flow:   $246,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $491,000
Seller Financing:  Yes

About The Business

Year Established:  1993
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  While the owner is approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason For Selling:  Approaching Retirement.

Photos

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Commercial Audio & Video Technology Services Photo 1




Print Listing Id: 700276476
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Also See: Franchise Opportunities > Franchise Resales > Washington Businesses For Sale > Washington Franchises For Sale > Washington Business Brokers



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