Phone System Service / Installation

Location: United States -> Wisconsin -> Milwaukee
Industry: Business Services > Other Services

Businesses for sale Summary

Extremely successful business phone system installation / service company for sale with a long history. Business consists of anything from simple phone systems to complex VoIP installations with continuing revenues generated from service contracts. Used equipment obtained from replacement installations also provides parts and income for service work on older systems. Sales mix is about 50% equipment, 50% labor/recurring revenues. Recurring revenues generated from dialtone sales added on to equipment installation/sales. Currently absentee owned, the business would benefit from a hands-on owner who can drive the business back to cash flows consistently over $200,000. Seller has made an extremely comfortable living from the business over the past 30 years and is willing to assist a new owner with financing and training as needed to ensure success. Buyers looking for a good business model, seller support and financing, this is the deal.

Financials

Asking Price Range:  $500K – $1.0M
Gross Revenues:   $709,646
Cash Flow:   $163,351
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Upon request.
Seller Financing:  Yes

About The Business

Year Established:  1973
Number of Employees:  1 – 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Retirement.