Business Overview:
This is a highly respected, well-established satellite communications sales and services company with a long and profitable history. The company sells satellite communications products, installation, and IT equipment to customers in the US and globally. There is also a consistent and recurring revenue stream from sales of satellite airtime. This company has a strong competitive advantage from the rapport developed from long-term relationships with customers and a highly regarded and trustworthy reputation to fulfill customers' requirements on time and to cost.
This company can be relocated and run from anywhere.
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Property Features and Assets:
- Stand-alone office building with ample square footage
- The facility is very well kept, professional with plenty of convenient parking.
- Located in NC. The business may be managed & located anywhere and/or through a semi-absentee model.
- Real Estate is owned by the seller and available for lease of $3,500/mo or potentially a sale.
Assets = $ 72,570
Market Competition and Expansion:
Businesses, consumers, and government entities alike have become increasingly dependent on ubiquitous access to communication networks serviced by satellite telecommunications providers. There is a medium level of market concentration, however, concentrated core markets present this smaller and more nimble company with the opportunity to compete with "the Big Boys" and capture additional market share.
This business has tremendous potential for growth in current markets and opportunities to expand into related and complementary markets. Established customers are typically involved with the company for the long term. Industry trends reveal that over the past five years, Satellite Telecommunications Providers have benefited from the increased interconnectivity and demand from internet and telecommunications providers. Internet traffic volume has risen drastically during the period as well.
Reason for Selling:
Retirement.
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.
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