Video, Voice & Data Connectivity Contractor (Construction Related; Computer/Internet)
- Connecticut
| Seller Financing: |
No |
| Lender Pre-Qualified: |
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| Listing ID: |
74008 |
| Status: |
Active |
Listing Details
| Listed Price: |
$1,200,000 |
| Down Payment: |
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| Total Sales: |
$3,179,796 |
| SDE: |
$727,806 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$200,000 |
Included? Yes |
| Real Estate: |
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Included? |
| Inventory: |
$75,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
Retirement. |
| Training: |
Owner is willing to stay on for a period of time as a consultant to ensure a smooth transition for the new ownership. |
| Financing Terms: |
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Operations
| Year Established: |
1980 |
| Last Acquired: |
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| Form of Ownership: |
LLC |
| Home Based: |
No |
| Relocatable: |
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| Type of Location: |
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| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 37 / Part Time: |
| Managers: |
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| Hours: |
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| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
9340 |
| Facilities: |
9,340 sq. ft. in a leased single story building, approximately half the space is warehouse and the other half office. Landlord is willing to negotiate a new lease. |
Summary
| Business Description: |
The Company is a well recognized, privately-held connectivity contractor that has been in business for 30 years and during that time the company developed a niche installing video, voice & data connectivity needs for end users, equipment manufacturers, electrical and general contractors. They specialize in virtually any type of communications connectivity between video, voice or data – cable, fiber or wireless. With over 30 years of experience, they are among the most knowledgeable and professional contractors in North America, capable of performing a wide range of installation, ongoing maintenance, professional consulting services and product implementations for customers, both large and small. |
| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
Sales to government agencies represent 67% of the companies business at this time, resale to general contractors, etc. is 23%, end user, i.e, retail sales is about 8%, and out of state sales is 2%. |
| Potential Growth: |
The commercial side of the business which used to be 75% of the business,is now 23% luckily the company has replaced some of that business with State government contracts it didn’t have before. |
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