IT Hardware & Software Sales - Governmental Agency Customers

Alameda County, CA

IT Hardware & Software Sales - Governmental Agency Customers
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Asking Price: $5,500,000

Cash Flow: $2,200,000

Gross Revenue: $7,700,000

EBITDA: $2,000,000

FF&E: $160,000

Inventory: $1,000,000*

Real Estate: N/A

Established: N/A

*not included in asking price.

IT Hardware & Software Sales - Governmental Agency Customers

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Business Description

IT Equipment & Software for Government Projects

The Company specializes in providing value added wholesale distribution and software installation services for traffic control systems for local and state municipalities. The Company’s primary products include state-of-the-art traffic control cabinets, video detection systems, wireless communication servers and battery backup systems. The Company operates from a 6,000-square foot facility, which it owns. The facility includes office space for estimating projects and a warehouse space to store equipment and products. Offering these products require tools and equipment to install equipment and personnel with industry experience. The Company has a proven track record, supported by many years of ongoing business. With its niche range of products and services, the Company’s marketing efforts focus on targeting municipalities along the West Coast. Revenues have been steady over the past five years due to an established reputation. Last year, the Company’s total revenue was 7.7 million with an EBITDA of 2.0 million. Currently, the Company has secured approximately 8.0 million in government contracts and is expecting to generate 9.0 in revenue for 2019. The Owner is willing to provide substantial financing and remain for up to 36 months to ensure a smooth transition prior to retirement. Buyers do not need to qualify for an SBA Loan. Please call for details. Due diligence materials are available upon request as well as an Asset Purchase Agreement. Qualified & Serious Buyers ONLY. Buyers will need to provide a Background and Credit Report and verify they have the funds available to complete the transaction. The Seller will accept the assets of the business as Security with a first priority UCC-1 Lien against the buying entity or the Company.

Detailed Information

Location:
Alameda County, CA
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
6,000
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Substantial Financing Available for Qualified Buyers
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(from currently available funds)
 
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Keith Campbell

Business Listed By:
Keith Campbell

Exodus Business Solutions

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