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Sales and Service-Navigation and Communication Electronics

Tacoma, Washington (Pierce County)

Communications | Internet - Business Services (B2B)

Asking Price $2,000,000 Inventory $400,000* 
Gross Income $3,686,000 Real Estate $1,400,000* 
Cash Flow $230,000 Year Established 1980
FF&E $50,000* Employees 10

* included in the asking price

** not included in the asking price

Business plus real estate income.

The company provides land based two-way mobile radio communications for public and private sectors as well as a broad array of marine electronics. There are additional product lines for video and audio applications. It has a large customer base and highly skilled long-term employees to leverage for future growth. The marine electronics business is sold through an up-to-date internet platform. The land-based communication sales are handled by inside and outside sales staff as well as the web platform.

Facilities: Leased facilities offer ample space and easy access. Facilities may be purchased or buyer may have right of first refusal. Rental income of $7,500/month is expected to grow to $8,500/month in 2009. Potential 1031 exchange. Internet portion of business can be home based.

Competition: Seller is a one of four key providers of two-way mobile communications and has a larger presence in the South Sound. The company is one of three key providers of marine electronics. The market is stable with upside growth opportunity.

Growth/Expansion: Seller has not devoted sufficient time and resources to the business given his other business commitments. A buyer could grow the business on a standalone basis or combine it with complementary businesses for greater financial returns.

Financing: Seller will consider carrying partial financing for qualified buyer

Support/Training: Seller will train and transition for sixty days (included in price) and will remain accessible for additional support.

Reason Selling: Seller wants to concentrate his energy on real estate holdings.

AD # 383654

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