Telecommunication & Data Installation With Hospital Contracts

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Asking Price:
$675,000

Gross Revenue:
$1,106,342
Cash Flow:
$226,194
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$20,049
included in asking price

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Business Description

This data & telephone installation & service business has been open for over 50 years! The current owner has been there for almost 20 years and does not do any install or service. The core of this business is installing voice and data networks in businesses of all sizes. They also install digital and IP telephone systems, fiber optic cabling, voice mail systems, as well as call accounting systems. Located in Omaha, this telecommunications company has completed work in 20 different states.

Between 2014 and 2016, sales increased by 110%, and 2017 surpassed 2016 by 33%. In conjunction with sales, cash flow has grown each year. Costs are maintained partially by keeping minimal inventory, as the company utilizes Graybar for supplies.

The seller employs 9 techs, many of whom are currently working for the largest client under a recently-renewed 3-year contract that has been reoccurring for 30 years. While the seller manages employees and sales, there are 3 PT office staff to assist with billing, mailing and receptionist duties.

This business already has $400,000 in purchase orders for 2018!

Years in Business: Over 50; under current owner for 18
Location and Service Area: Omaha
Clients: Company has a long-standing, reoccurring contract with a local organization undergoing infrastructure revamps over the next several years
Services: Voice and data cabling, digital telephone systems, IP telephone systems, paging systems, fiber optic systems, call accounting systems, video cameras, recorders and voice mail systems
Building: 2,000 sq. ft.
Reason for Selling: Retirement
Employees: 9 Techs, 3 PT Office Staff
Seller Training Period: 90 days
Growth Opportunities: New phone systems (requires training techs on systems first). Power over ethernet. Maintenance contracts.
Current Owner’s Responsibilities: Employee management & sales. Owner does not do installs or service.

About the Business

Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
2,000
Facilities:
Building: 2,000 sq. ft.
Assets Included in Purchase
Equipment: $20,049 in furniture, fixtures and tools
Vehicles: Company truck used by Tech for deliveries
Inventory: Minimal inventory is kept – company utilizes Graybar for supplies
A/R: $69,858
Backlog: $500,000

*amounts may vary
Market Outlook/
Competition:
Clients: Company has a long-standing, reoccurring contract with a local organization undergoing infrastructure revamps over the next several years
Services: Voice and data cabling, digital telephone systems, IP telephone systems, paging systems, fiber optic systems, call accounting systems, video cameras, recorders and voice mail systems
Growth & Expansion:
New phone systems (requires training techs on systems first). Power over ethernet. Maintenance contracts.
Contact the Seller

About the Sale

Reason For Selling:
Retirement Planning
Training/Support:
90 days
Seller Financing:
A buyer paying 10% down would see a first year’s profit of $111,528 after debt

Listing Info

ID:
1436926
Ad Detail Views:
196

Attached Files Attachment Disclaimer

  b. Summary - IT006.docx (34 KB)
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