20+ Year Audio / Video Company - Over $400K Sales Booked for 2021

20+ Year Audio / Video Company - Over $400K Sales Booked for 2021 Location: Greater Cincinnati
Listing Number: 12695

Financial Information

Asking Price: $595,000
Gross Revenues: $1,010,000
Cash Flow: $190,000
Real Estate: The company operates out of leased space.

Business Description

 

The retirement aged owner of this business just enjoyed the best July - December 2020 and full year sales volume in the company’s history – over $1,000,000.  The best news for buyers is that the orders have been placed and deposits have been accepted, but the installation of many of the jobs will not take place until 2021.  2021 is gearing up to be a fantastic year.  The company provides audio and video services to homeowners along with home theaters and outdoor installations. The business is offered as an asset purchase, free and clear of debt.  The owner will train in all aspects of the business and will be available to ensure a smooth transition.  Highlights include: 

SBA loan qualified

No accounts receivable issues

Industry proposal software utilized

Sales deposits will transfer to buyer

Price includes $85,000 of equipment

Over 50 years of employee service to company

Over $400,000 sales orders scheduled for 2021

Little to no marketing – much growth potential

Price includes 2 wrapped service vans and 1 auto

Clean books & records – all numbers are verifiable