First time offered.
Unique opportunity to purchase a niche contractor whose primary focus is on the installation, design and maintenance of sound and video systems.
To operate this business, an electrician's license is not required, however, the focus is on electrical work.
There are four full-time technicians, each a long-time employee, along with the owner who concentrates his time on management and sales. Additionally, two savvy office personnel keep the administration working smoothly while balancing payables and receivables.
This company does not advertise or promote sales.
Most of the new work comes from requests for proposals from the following entities:
a. Governmental units
Universities and schools
c. Developers and contractors who routinely contact this company for their expertise and efficiency
The company has been in existence for over 30 years; owned for 20 years by current owner.
Current owner will stay on as long as needed. Alternatively, he will turn over the reigns as soon as specified. There are no issues or problems with the way the company is currently operated.
Over the last half decade, owner has cherry-picked their projects. Profitability as well as sales have remained steady.
Anyone wishing to scale this business could do so with an infusion of capital, more product, and/or more technicians. Sales of three to five million or more are attainable.
The business services Monroe County and the five surrounding counties but on occasion, services are extended to Syracuse and Buffalo, or further.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.