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Business For Sale Listing 141997

Residential Low Voltage Integrator

Status as of Nov-22-2008 at 06:02 PM: Off The Market

Business Summary

I am targeting this business towards established companies within my industry. With the new construction market slowing this is a great time to consider an opportunity to increase your market share.
We are a well established (20 yrs old) company that began by specializing in Central Vacuum Systems. In recent years we have also grown the wiring side of our business (distributed audio, home theater, & structured cabling). Currently we have three full time installers, a secretary, and myself. In 2007 we had gross revenue of $550K w/ a gross profit of about 58%. These numbers were down from 2006 by about $52K in gross revenue with a 2% decline in gross profit. Our three year average is $578K /60%. We do not advertise and do not search out new business so this revenue has come from referral and repeat customers. We would make an ideal company for a merger either with a like company or with a company in a comparable industry (Electrical contractor, Home Automation, Security Co. Etc.) Under the right circumstances, owner is willing to stay for an extended period of time. Because I know the current market conditions and realize most companies are tight on cash, I have worked up a couple of creative scenarios to help us achieve our goals. Please reply and I will discuss my thoughts with you. Thank you.


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Industry

Sector: Construction
Industry: Special Trades

Location

Classification: United States // Midwest States // Illinois // Chicago
Location: Chicago Area

Financials

Sales: Between $500 Thousand And $1 Million   (550K)
Profits: Between $100 Thousand and $500 Thousand
Profit Type: Not Disclosed
Fiscal Year: 2007
Asking Price: Between $100 Thousand and $500 Thousand   (249K )
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