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Information and Communications Technology

GTA, ON
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Asking Price:$500,000
Gross Revenue:$1,145,000
Cash Flow:$292,000
Established Year:1993
Listing ID: 2305956Listing provided by BizBuySell
BUSINESS DESCRIPTION

This company provides IT telecommunications and electronic security design consulting services to IT, Facilities, Architectural, and Consulting Engineering professionals. It plans the implementation and integration of voice, data, and security network cabling along with related infrastructure for specification tender and design-build projects.
The company designs network cabling (Copper and Fiber Optics) that is used in buildings and in the ground. At the end of the cables are the Security Systems such as Video Surveillance, Access Control and Intrusion Detection which the company designs as well as Audio – Visual systems such as large screen TV’s, projectors, audiophile type speakers, and also include rudimentary cyber security solutions that are used to monitor networks.

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
6
Facilities
As a work from home business, its assets are electronic files and records which are stored with a cloud service provider (Microsoft) or Quick Books Online (QBO). All files and records will be forwarded to the new owners
Competition
The business began as a sales agency selling Cabling Solutions and Installations before becoming an Information Communications Technology Integrator. In the 2000’s it shifted its focus towards consulting engineering activities and by 2010 was mostly concentrated on consulting for architects, electrical engineers and some end users. In 2015 it shifted again, to focus more on the end user marketplace. The company now carries a mix of end users- Federal, Government, Universities, School Boards, as well as a number of engineering firms.
Growth & Expansion
This is a well-established company with a strong foundation of business referrals and numerous long-standing partnerships, ensuring sustained growth. Unlike many competitors, who are primarily RCDDs within larger multinational or multi-disciplinary engineering firms, this company stands out with its unique position in the market, offering specialized services and a personalized approach
Support & Training
Owner is willing to train a new owner for up to three years if necessary.
Reason for Selling
Planning for retirement
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Khaled
Baranbo
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Khaled Baranbo
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