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Information Technology & Wireless Systems Provider
Location: United States -> California -> Los Angeles
Industry: Technology – Internet Related > Internet Service Providers




Business Summary

Hybrid fiber optics installation company and information technology and wireless systems provider has added long-term government contracts to existing client base. With over 29 years of rock steady growth, the company has reduced overhead expenses and brought in additional long-term contract revenue to punch above $850,000 in projected net revenues for the year. Top line grew from $4.5m in 2016 to a projected $5M in 2017 and $5.5M in 2018 with zero outbound marketing expenses.

Recurring revenues from long term contracts begin accruing in 2018.

The company provides wire cabling and wireless solutions for the full variety of network applications, from small scale local area networks (LAN) to large scale corporate, commercial, and academic applications using wide area networks (WAN). Spanning both fiber cabling and wireless and IT capabilities permits full service in all areas from blowing fiber cable to installed hardware energizing. The business sells services to corporate and government clients directly, thereby bypassing third party contractors and assuring payment for services rendered.

Building on a platform of fiber optics installations, the business has expanded into IT and wireless along with related hardware installations for total solutions capabilities. A new owner will be able to drive the company further into IT and managed services to allow for much greater recurring revenue, using the existing bonding capability as a licensed contractor to secure additional government and corporate contracts. Technological advances in the deployment of GPON and DAS systems assure continued growth in the industry in the computer and information age.

Present owner is making a planned transition into semi-retirement, and will be available to remain with the company to drive sales using his 30 years of contacts in the southern California area. This is not a forced or distressed sale. Business is good and continues an upward trajectory.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,337,513
Cash Flow:   $660,739
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Semi retirement




Print Listing Id: 700282181
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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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