Information Technology & Wireless Systems Provider

www.GlobalBX.com

Listing ID: 700282181

Listing Title: Information Technology & Wireless Systems Provider

Quick Link: http://www.globalbx.com/listing.asp?bId=282181

Industry: Technology – Internet Related

Industry Segment: Internet Service Providers

Country: United States

State / Province: California

Area

City: Los Angeles

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $3,923,543

Cash Flow: $1,090,000

Cash Flow Type: EBITDA

Year Established: 1988

Number of Employees: 20 - 34

Business Description:
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 steady growth, the company has reduced overhead expenses and brought in additional multi-year contracts to post 2017 revenue of $1.1m in EBITDA, which now includes an $8m Audio Video/cabling and $15m IT Services/Hardware contract starting 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. 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, it is a strategic sale in advance of retirement. Business is good and continues an upward trajectory. Interested parties should register as a buyer and sign our online NDA at bizex.net, then contact Cody King at 805.616.9488.



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