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Quick Facts
Asking Price: | $54,900,000 | |
Annual Revenue: | $2,150,830 | |
Net Profit: | $177 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 4,291,551 | |
Real Estate: | Not Disclosed | |
Year Established: | 1986 | |
Employees: | 4 | |
BBN Listing #: | 637557222 | |
Broker Reference #: | 206-21789 |
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Business Overview:
You can own this 35-year established business that offers solutions to aid clients in managing their employees/co-workers and vehicle fleets. Public schools, Utility companies and private businesses represent the typical customer. Company solutions include wide-area voice, data, GPS tracking, all that are specifically designed, customer-built for campus applications. Primarily focused on generating recurring monthly revenue contracts that bundle all customer requirements into one monthly fee. Providing long-term infrastructure equipment with associated FCC licensing, retaining ownership of both, Company operating profits, growth potential including developing opportunities are enhanced by an agreement allowing use of facilities owned by a major tower company in NY State. Positioned to capitalize multiple growth opportunities scalable to technology and investment influences. With multiple State and Federal Grant programs, this business offers a sold base for exponential growth. Pending federal legislation provides grants opportunities to expand and develop with limited investment. For additional information please contact listing agent Juliet Carafello.
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Property Features and Assets:
This is a leased location of 6,836 square feet with a Total monthly rent of $6,800. Lease ends 06/2027. Seller is active with 4 Full Time employees. Network is electronically monitored correspondingly repairs are attended to on a 24/7 basis and customer support is generally performed Monday - Friday. $303,519 in inventory and $4,291,551 in FF&E included in the asking price. Other Assets include Off Balance Sheet Per Consultants report: 37,479,599. FCC licenses may require medications.
Reason for Selling:
Retirement
Additional Details:
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