Business Technology IT & Communications Company - Virginia

Virginia
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Asking Price:$875,000
Gross Revenue:$472,680
Established Year:1980
Cash Flow:$173,924
Real Estate:$400,000
BUSINESS DESCRIPTION

This is 44-year-old, private IT & Communications business specializes in Telephone Systems, Computer Networking, Surveillance and AV. The company opened its doors in 1980 as a telecommunications engineering company focusing on creating advanced solutions for business telecommunications needs. As the telecommunication industry evolved, the company moved from software programming to business IT networking and quickly became a leading provider of technology services to business. They currently work with businesses of all sizes in a multitude of industries, from mom-pop stores to major healthcare providers, with a multi-state presence. No business is too small or too large. Systems and processes are well-established, with good books and records and a loyal client base. There is significant potential for a new owner to expand services by marketing and advertising. Over the past three years, the business has averaged annual revenues of $472,000/year.

The company offers a range of services including Voice Over IP (VoIP) Telephones, IT Support and Design, Structured Cabling Infrastructure, Wireless Networking Network Management, Audio Visual Systems, CCTV Surveillance Systems, Monitors, troubleshooting, service upgrades, and design-build services primarily serving commercial, municipal and industrial clients.

The business operates from a 3,756-sf storefront, situated on 0.530 Acres valued at $400,000, included in the asking price. The seller will consider selling the business without the real estate.

For more information about this exciting business opportunity, please contact us to schedule a confidential consultation. Serious buyers are invited to request a non-disclosure agreement (NDA) to review additional details and financial information.


DETAILED INFORMATION
Location
Virginia
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,756
Facilities
2 story building, on 0.530 acres
Support & Training
3-6 months
Reason for Selling
Retirement
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Mike
Keen
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Mike Keen