Well established company provides clients with leading edge media-based products and services. Capabilities are derived from deep experience in video production, graphic design, 2D/3D modeling/animation, global information systems (GIS), and digital signage. Project based services include database design, network integration, and custom programming.
Over the past five years the business has invested in developing several unique approaches to virtual reality (VR) applications, which has become the leading source of revenue generation. This technology has been adopted by federal agencies and major industrial clients and is currently being evaluated for potential as a patent application. This service area is viewed as having very substantial growth potential. The business currently is working with several DOD clients that have expressed interest in there virtual products.
The business has been under the current owner for 13 years, with a very diverse and loyal customer base. A substantial segment of the customer base has been retained for 10 plus years and constitutes repeat business on an annual basis. The company maintains a highly efficient staffing matrix with 4 full time and 10 plus highly qualified contract staff. Call Greg Ellwood for more information.
About the Business
Building Sq. Ft.:
$3,477.58 Per Month
Current lease to expire in 11 months.
The company is uniquely positioned with services that are highly valued by many government agencies and industry players.
Contract Vehicles and Partnerships The company has several task-order contract vehicles in place, both as prime and as sub-contractor to a large defense firm. These contract vehicles are limited to firms currently in place and represent excellent opportunities for business growth.
Growth & Expansion:
Recent developments and trends in VR related hardware and supporting software are setting the stage for cost effective solutions and substantial market growth in the VR industry. With a proprietary platform as our focal point, combined with our capabilities in aerial imaging, media arts, and signal processing. The company is ideally positioned to take advantage of this rich and growing market environment.
The owner and tenured employees are very knowledgeable in the business and will provide training and transition to ensure the new buyer has all the tools to be successful. It is anticipated that the core staff will remain in place. The owner is willing to remain for a negotiated period to assist in the transition, at a mutually agreed upon hourly rate.
Buyer must qualify
Ad Detail Views:
Asking Price: $649,000 Gross Revenue: $572,560Cash Flow: $180,370EBITDA: $144,730Inventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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