Profitable! Audio/Visual- Smart Home Install and Design

Los Angeles, CA (Los Angeles County)

Profitable! Audio/Visual- Smart Home  Install and Design
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Asking Price: Get Financing: $775,000

Cash Flow: $330,000

Gross Revenue: $1,607,966

EBITDA: N/A

FF&E: N/A

Inventory: $50,000

Lease Rate: $6,500 /SF/Month

Established: 1993

Profitable! Audio/Visual- Smart Home Install and Design

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Business Description

First time on the market! Operating in the LA area for over 25 years! Profitable Smart Home Audio Visual Design and Installation firm. Excellent books and records.
$3M+/ in verifiable 2018-2019 scheduled projects pending! 2017 gross sales surpassed the $1.6M+/ mark with verifiable net income of $330,000+/.
Current owner started the operation in 1993 and now wishes to retire. The company currently employs 11 well trained skilled workers and has a C-7 Contractors license.
Primary customer base is made up of high-end contractors, architects, designers and home owners.
All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale along with two work vans. Also included is approximately $50K+/ of inventory.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
11
Facilities:
2500+/ sq.ft of office space. Long term lease possible. Easy freeway access and parking.
Competition:
The AV business in general is competitive, this business has held its own and shows no signs of slowing down.
Growth & Expansion:
Several possible ways to grow.
Financing:
Some seller finance may be available to qualified buyer
Support & Training:
8 weeks for 30 hours per week or as negotiated.
Reason for Selling:
retirement
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Contact the Seller

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Brenda Bernhard, CBB

Business Listed By:
Brenda Bernhard,CBB

Strong Business Advisors

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