Contractor With Service Contracts & High Nets For Sale

Business description

With Nets of 447k This is an outstanding opportunity to enter the construction and service business with prominent customers in the prime market segments of healthcare and public schools. This 14 year old company has been successful building a diversified revenue stream from new construction and on going service contracts. The business has secured over 100 annual and renewable service contracts and the current backlog of sales and service is expected to total $1,800,000 in 2008. The foundation of trained employees, steller reputation, required licenses, and proven subcontractors provide an outstanding foundation for continued profitability and growth.

Property information

Real Estate:

Lease

Lease terms:

The building includes approximately 1750 sq feet and is comprised of a warehouse and offices. The lease rate is $1495 per month.

Location:

The business is centrally located in a modern light industrial business park.

Other information

Expansion potential:

The business has focused on a small segment of the marketplace and never had a formal marketing program or salesperson and has grown through word of mouth, advertising on company vehicles and small yellow pages advertising. There are many opportunites to expand the business by enlarging the area served to the current markets and entering new markets such as retail, government and military segments

Competition / Market:

The construction work is via negotiation or competitive bid with qualifying requirements such as past experience, licensing and specified equipment that limit the number of competitors. The Company has exclusive and dealer arrangements with prominent fire alarm, and nurse call manufacturers that ensure their ability to participate in the bidding and the manufacturers forward leads to the Company on inquiries that come directly to them. The Company has worked very hard to develop a stellar reputation for quality products and services that are installed and monitored in accordance with committed schedules. This reputation enhances their position as a key supplier for the systems they install and service.

Support & training:

The sellers will provide a transition plan to include necessary training.

Reasons for selling:

Retirement

Trading hours:

7:30 am to 4:30 pm

Inventory / Stock value:

$8,000