Communication Network Wiring for Phone Systems

Erie, PA
Erie County

Northwest Pennsylvania


Asking Price: Annual Revenue:
$440,000 $1,183,373

Technology: Hardware


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RE: Communication Network Wiring for Phone Systems Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $440,000 10% Buyer Down Payment: $44,000 10% Seller Financing: $44,000 80% Bank Loan: $352,000

Quick Facts

Asking Price: $440,000
Annual Revenue: $1,183,373
Net Profit: Not Disclosed
Cash Flow: $137,937
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 8
BBN Listing #: 818334398
Broker Reference #: TEC004

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Business Overview:

Erie based wiring and fiber optics company with 8 trained staff and over 1,500 active clients in Northwest Pennsylvania! Offering high-quality telephone systems and top of the line data wiring since 1991. Services include Installing and maintaining telecommunications hardware and network wiring such as phone systems, voicemail systems, paging systems (50%) network wiring, and fiber optics (50%). Businesses whose offices require anywhere from two phones to as many as 2,500 phones have called on this company’s expertise to install and maintain their systems. The team consists of one operations manager, six full-time technicians and one administrative assistant. With an average sale size of $12,000 and a 30-50% mark up, sales have consistently been over one million dollars every year. The current owner manages the teams and doesn’t do any labor.

Built on a reputation of quality and impeccable service, this company also attests an extremely efficient and knowledgeable staff with the industry’s strongest service department that does everything according to best practices.

Growth opportunities include expanding into an upcoming market of low voltage overhead lighting installation. The owner will stay on for up to six months to help with the transition.

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Property Features and Assets:

Two-story building: Office Space (1,200 sq. ft.) Storage (1,200 sq. ft.)

Market Competition and Expansion:

Growth Opportunities: Expanding into an upcoming market of low voltage overhead lighting installation

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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