Details - Information last confirmed on January 27, 2021
Servicing the greater Phoenix area, this company offers home automations, home theater systems, and security and surveillance systems for commercial and residential clients. Offering reputable name brands, their wide product and service range includes televisions, audio solutions, and distributed audio and video, as well as lighting, low voltage wiring, and central vacuum systems. A good opportunity is presented for a buyer with an interest in electronics and a history in construction who will understand bidding, as future gross sale projections show about 15% - 18% growth (a $1.25M - 1.3M total!) Despite the recession, listing is benefitting from a banner year and estimates $250K in Earnings for 2020, as Total Revenues for 2019 recorded values of $1,153,132, alongside SDE’s of $218,631 and EBIDTA amounts reaching $179,247, based on an independent evaluation! The retail-based location of 2,600 square feet features ample parking lot and is industrially zoned to handle extra capacity, property is found in excellent condition and holds a yearly renewable lease. Thanks to a skilled team of eight experienced nonunion employees, company is ready to continue operations as the seller agrees to remain for a helpful transition period as needed. Besides maintaining a website, some printed ads and a social media presence as self-promotion, marketing efforts focus mainly on an effective referral source system backed by their large and recurring customer base.
Listing includes $60,000 in Equipment and Inventory valued at $32,250!
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