Technology Oriented Business

Not Disclosed, CA

Fully Relocatable


Asking Price: Annual Revenue:
$300,000 $840,000

Technology: Non-classifiable


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RE: Technology Oriented Business Broker: Orville Wright
License #: 01164571
Owner Financing is Available!
The seller is so confident in the continued success of this business, he will carry back up $100,000 for a qualified buyer!

Quick Facts

Asking Price: $300,000
Annual Revenue: $840,000
Net Profit: $150,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: CA
Year Established: 2005
Employees: 4
BBN Listing #: 588156918
Broker Reference #: 6-5007-OW

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Business Overview:

This is a rare opportunity to acquire a well-established and profitable vendor of technology products and services for lodging and institutional properties. After almost 2 decades of success in this industry, the owner’s planned retirement and relocation creates this lucrative opportunity for you to acquire this great business!
This proven technology oriented business services approximately 70 hotel and institutional properties comprising more than 8,000 televisions, plus nearly 40 other commercial accounts, all generating monthly continuing revenue.

This business provides a unique interactive tv experience for hotels that provides guests access to online streaming services and enables exciting marketing opportunities for the hotel. The product is successfully deployed in thousands of hotel rooms and currently generates ongoing monthly support revenue, and is complimentary to the satellite television systems they also deploy.

This company’s fully trained staff have the experience and know-how to implement and support all of these products, plus other related items, including hospitality televisions and mounts, guest Wi-Fi systems, and cable plant design and renovation. The current staff are fully capable of supporting the existing customer portfolio.

The company is currently located in California. However, since the business serves customers spread throughout the United States, it could easily be relocated.

While the purchaser of this business should have a technology background, absolutely no prior industry experience is required to acquire and grow this business, as the current owner will provide full operational training and support.

The current owner is so confident in the continued success of this business, they will carry back up to $100,000 for a qualified buyer!
For full information on this unique and outstanding opportunity, please give us a call today!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

5,000 square foot office/warehouse. The business if fully relocatable!

Market Competition and Expansion:

Outstanding potential for continued growth!

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.

Relevant Links:

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