Custom Audio Video Installation Company for Sale
Asking Price: $ 280,000
Location: San Diego County
Down Payment: $ 280,000*
Total Sales: $ 468,722
Discretionary Earnings: $ 175,791
* Optional terms: $150,000 down payment plus seller financing 5 years $45,000 per year.
** business may qualify for SBA loan.
This custom A/V installation business has been operating since 2010. Since their founding, the Company has been known for quality work and the highest level of customer service. That experience is confirmed with a 5.0 Yelp rating. Multiple sales channels exist with 40% coming from Internet leads, 30% from past client referrals, and 30% from general contractors. Plenty of room for growth for a more aggressive owner looking to build a much larger business.
Ideal opportunity for a current contractor working for someone else who has a goal of owning their own business, or for an existing general contractor or specialty construction company looking to add audio video installation to their list of capabilities.
Seller willing to stay on for up to 1 year at salary based on what specific job duties will be assigned.
This is currently a home-based business.
Competition / Market Info
According to CE Pro magazine, a leading trade publication for professionals involved in the custom electronics business, “The pandemic added jet rocket fuel to some existing trends such as the need for enterprise-grade home networks for streaming entertainment and work-from-home / distance learning scenarios…Last year was tough in many ways but the custom electronics industry remained surprisingly strong with 11.5% growth. The pandemic highlighted the need for better home networks and work from home solutions.”
According to the owner there are various ways to drive an increase in sales and are outlined in the CIM (Confidential Information Memorandum).