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Growing & Profitable Provider of Business Telecomm

Item ID#:2162489Seller City:Los Angeles
Seller ID#:690183Seller County:Los Angeles
Price:$?Seller ZIP :90005
Views:93Expires:36 days
 
4340
Listing: Growing & Profitable Provider of Business Telecommunications Solutions
Location: CA

Financials
Asking: $845,000
Gross: $1,305,876
Cash Flow: $347,885

Summary Description
Growing and profitable business in these difficult times! This well established company with well over 10 years in business sells and services a variety of business telephone systems and related telecommunications equipment. The company sells a full line of analog, digital and Voice over Internet Protocol (VoIP) system from leading manufacturers. In addition to new systems, the company also refurbishes and sells used equipment at very attractive margins. The current owner is selling based on an exciting offer made to him by a large corporation where he worked previously. The company has produced over $2 million in revenue in years past, and under strong hands-on management has seen increasing revenue and profits over the past 10 months after a period of decline. Current run rates, which are improving, are on course to yield over $1.4 million in 2009 revenue and more than $300k in net income. The business model has ample opportunities for growth that include converting the existing customer base to newer VoIP systems, and expanding the product and service offering into data networks. The business uses an Internet based marketing model, which generates 40-50 inbound calls per business day from prospective buyers which are handled by inside sales consultants. The company can assist clients with installation throughout the U.S. through a combination of staff, contractors, and a national referral network. The business does not require prior telecom experience - just good sales, operations and management skills. The present owner will train extensively in all aspects of the business. The staff will likely all stay on, so this is a completely turnkey operation. Asking price does not include inventory (estimated at $50k), which will be part of the sale. At $845,000 this is a great opportunity from a highly motivated seller - SBA financing is available to qualified applicants and a video tour is available.

General Information
Year Established: 1992
Employees: 6
Facilities: 5,700 s. ft of first class, clean and efficient office/warehouse

About the Sale
Financing: 85,000 for 48 months at 6%
Support/Training: No prior knowledge is required - 4 weeks training at no cost.
Reason Selling: Seller has been offered extraordinary corporate job opportunity



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