Top-Rated Audio-Visual-Technology Business in Idaho

Price: $1,055,000

Location: Ada County, ID

Industry: Other Online and Technology

Listing ID: 8304-17257

Listing Status: Under Contract

Description

The Company designs, sells, and installs audio, video, and control systems for commercial and residential customers who require high quality technology products and service. The majority of revenue comes from retrofit rather than new construction. This Company differentiates itself from the competitors through technician certifications, documented procedures and process, and breadth of product and service offerings.
Facilities:Located in custom-designed showroom and workspace leased facility owned by seller. Triple net lease includes real estate taxes, insurance, and maintenance and is at market rate. Landlord will negotiate a new market rate lease with suitable terms for lender financing for buyer.Growth & Expansion:According to IBISWorld, the industry has expanded as a result of technological innovations in the industry and developments in the broader economy. For example, the industry has benefited from advancements in monitoring automation and overall economic growth. Moreover, despite the COVID-19 (coronavirus) pandemic, demand for industry services has remained robust amid a boom in the residential housing market and industry revenue has grown, rising at an annualized rate of 4.1% to $34.9 billion over the five years to 2022.

LISTING DETAILS

Total Sales: $1,800,420

Cash Flow: $275,918

FFE: $103,100

Inventory: $130,000

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Sheila Spangler, CVA, BCA, CBI

Sheila Spangler, CVA, BCA, CBI