Cash Flow Strong Audio & Lighting Design Company

Virginia

Seller Financing Available

Asking Price:	$1,730,000
Gross Revenue:	$10,000,000
FF&E:	$735,000

Cash Flow:	$800,000
Inventory:	$310,000
Established Year:	1985

Listing ID: 2312488Listing provided by BizBuySell

BUSINESS DESCRIPTION

This well-known Full Service Audio/Lighting Design, Sales, Installation, Rental and Event Services Company is located in Northern Virginia with close proximity to the Washington D.C. and surrounding areas. The firm enjoys significant operating margins and documented profitability with broad regional sales.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.5x EBITDA (2023). A full valuation report is included and there is $310,000 in Net Working Capital plus another $734,500 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain over $345,000 benefit in after-acquisition- debt cash flow in Year #1 – a 100% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)

DETAILED INFORMATION

Location

Virginia

Inventory

Included in asking price

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

This business currently operates from a 12,500 sq. ft. leased office, and warehouse space.

Competition

The company enjoys a competitive advantage by providing a full service experience for customers – from design through installation as well as ongoing maintenance and inspections. Additionally, the company coordinates live events across a variety of types and can provide complete audio/visual system services or rentals. The company offers ancillary services and products that provide customers with a complete experience.

Growth & Expansion

It is projected that a new owner will obtain additional growth by expanding sales and inspection efforts with a minimal investment of $30,000 - $50,000 in additional production and labor costs. The company projects a revenue growth rate under such premise of 10%+ per year. During and post COVID, the company increased focus on design, installation and inspection services, resulting in revenue growth of almost 100% since 2021. If new ownership chooses, there is an opportunity to increase revenues through live event management and support.

Financing

$0.3m Seller financing plus $1.0m Bank financing subject to buyer qualification

Support & Training

A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

Reason for Selling

Retirement (consulting available)

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