Telephone Systems Sales, Installation and Service
Location: New Jersey > Northern New Jersey
Industry: Business Services > Other Business Services
Financials
Asking Price: $650,000
Gross Revenue: $1,012,000
Cash Flow Comments: 180,000
Inventory: $150,000 (Included in Asking Price)
FF&E: $75,000 (Included in Asking Price)
Real Estate: $1,350,000 (Not Included in Asking Price)
Seller Financing: Some seller financing to qualified buyer with good credit.
Business Summary
This company sells, installs and services complete telephone systems to companies in the tri-state region. They have an excellent service reputation that they have developed over the past 29 years. This telecom vendor sells and services systems manufactured by two highly regarded companies in the industry. The company maintains a database of over 2600 present and past customers. 600 of these customers are active. 35% of the business is new system sales. The balance is service contracts, non-contract service, moves and additions. This is a great opportunity for another telecom company to build market share. This is also a great opportunity for someone with strong business to business sales experience.
About the Business
Year Established: 1979
Employees: 8 full time - 2 part time
Facilities: 6000 sq ft office/industrial building. Building available for lease or purchase. Business can also be moved. 5 fully equipped vans. Wide selection of tools and test equipment.
Market Outlook and Competition: This company supplies telephone systems manufactured by two major telecom companies. Although there are other companies that sell these systems this company takes pride in its reputation that it has built over the last 29 years. Between both product lines they can provide systems and service to a wide range of customers from as little as 2 phones to hundreds. An owner with marketing and sales ability can take this company to the next level. The present owners were technicians and do not have any formal sales or marketing training.
About the Sale
Management Training and Support: Owner will stay on as long as needed by buyer.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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