Business Overview:
Sale Pending! A Letter of Intent (LOI) has been accepted for this business. This opportunity will remain posted on this website until the transaction has entered the closing process.
Established in 2001 to serve commercial customers and businesses, the company installs and services low voltage electronic systems within buildings. It serves customers in five key building functions: Fire alarms, access control, closed circuit television systems (CCTV), structured cabling and facilities management. Recognizing that new commercial building construction is off dramatically, the company recently switched its focus to recurring revenue from state mandated inspections and more than 50% of its revenue now comes from these customers. This innovative thinking has produced outstanding results, as estimated discretionary earnings for the first half of 2011 was up 150% over the entire year of 2010.
With this new focus on recurring revenue and an equal focus on sales and marketing, the company is positioned for a huge upswing from the $1,100,000 in sales it has averaged the last four years.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The company is based out of a 1,700 square feet facility in Utah’s largest metropolitan area. It utilizes three well-equipped vans to service its customers.
Market Competition and Expansion:
The Company is a small but well known player in its niche market. There are numerous competitors, particularly those that specialize in fire alarm systems and fire protection. However, the company serves the commercial sector only and is diversified in its capabilities with other products such as control access, CCTV, structured cabling and inspection services. Expansion in state mandated inspections work is a significant marketing strategy for the company. It has barely scratched the surface of possible recurring revenue from its base of about 1,000 customers.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.