Sound And Lighting Company For Sale

Business description

Profitable Northwest Sound & Lighting Company Turnkey with Successful Management Team in Place A field that continues to have strong demand in the current economy with 40 years of experience. Only Northwest Company with both sound and lighting and an expert service department making it a one-stop shopping for event managers. Stellar national reputation—company has received invitations from major entertainment acts to go on tour. Portfolio includes sound and lighting installations in landmark auditoriums, universities and capitol buildings in the Northwest. Complete turnkey operation with pro team devoted to sustainable, long-term growth of both production and permanent installation business. Loyal, expert workforce includes degreed, licensed pros. 40 years of experience and an incredible variety of jobs means an enormous, state-of-the-art inventory of equipment. The company's time-tested customer service and engineering methods, coupled with an educated, professional team, have contributed to its continued success and leadership in the industry. The company boasts a far-reaching reputation: Many well-known acts, Johnny Cash, Dolly Parton and Billy Graham among them, have requested the company join them on extended tours. The founding owner has reached retirement age and has not been responsive lately to additional business beyond a certain point. The jobs are either repeat or referral and they are frequently having to turn business away. However, the turnkey management team is truly poised once a new owner is in place to go after the company's ten growth opportunities and expand the business. Economically and strategically, this business is a prime candidate for acquisition. Its proven reputation; regionally unique competitive advantages; established systems; extensive inventory of equipment, and longstanding list of satisfied clients make it a spring ready to be sprung as soon as a formal sales and marketing program is in place. 2008 sales of $2.5 million with EBIT of $583,000. Strong margins General Information Competition: There are "Significant barriers to competition" in the area of operation. See the "CAP" for additional information Growth and Expansion: Positioned to grow--with 10 growth opportunities and the implementation of a formal sales and marketing program. Reason Selling: Owner wants to retire Year Established: 1969

Property information

Real Estate:

Lease

Premises details:

$N/A

Other information

Reasons for selling:

Owner retiring

Financing available:

Downpayment Required: $0