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Indiana Business For Sale |
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| ELECTRONICS SALES AND INSTALLATION COMPANY |
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| Attn: Troy Frank |
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| Indianapolis, IN, USA |
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| Asking Price: |
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$725,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Electronics, Tech., Cell Phones |
| Reason for Selling: |
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Other business interest |
| Year Established: |
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1998 |
| # of Employees: |
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8 |
| Yearly Revenues: |
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$2,000,000 |
| Yearly Cash Flow: |
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$300,000 |
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Business for Sale Overview:
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This company is a market leader in the sales and installation of theater systems for both residential and commercial applications. The company once served the new home construction market, however, it has diversified its business and now serves the commercial and residential retro-fit markets in addition to the new construction markets. The company has great brand awareness in the market, contracts with major home builders, and a #1 rating on Angie's List. The company has an operations manager and skilled technicians. Revenue in 2006 was $1.7M with cash flow of about $115,000. Through July 2007, revenue was $1,148,000 and cash flow was in excess of $300,000. The sharp increase in profitability is due to the switch to commercial work and retro-fits. The margins are considerably higher and fewer installers are required. SBA financing is most likely not an option, but the seller will assist in financing.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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