Location
The business services. Trinidad and Tobago.
Current owner resides in Canada and guides the on-ground management team on a remote basis. The staff (15 employees total) are well trained and motivated.
Full time staff can facilitate the day-to day operations of the business, however the current owner recommends the new owner spends an accumulated total of 3 months of the year in Trinidad.The current owner also has residential properties in Trinidad that can be leased or sold to the new owner.
Business Description
The company provides solutions to customers in - CCTV, Access Control, PBX, Structured Cabling, Networking both LAN and WAN. The company is well established over 25 years in business and has excellent credit with both Suppliers and Financial Institutions.
Providing a full range of telecommunications products that will allow you the customer to fully utilize the benefits of technology in terms of cost and capabilities. We have partnered with recognized and reputable international manufacturers to ensure that you not only get a durable product, but also support from the manufacturer in terms of warranties and engineering
The growth of the company is a direct result of the skillful leadership of the company's management team and the continuous drive to ensure that we not only deliver quality products but also a level of service that is second to none. Today, the business has over 1000 customers from government institutions to retail stores throughout Trinidad and Tobago.
This is a financially strong company with an excellent credit rating both locally and internationally that allows us the financial capability to manage and deliver Enterprise projects on time and within budget. Our financial strength and stability is a direct result of prudent management by its founders.
The staff (15 employees total) are motivated and trained.
Financial Summary
Sales Revenue 2024
$1.5m USD
Net Earnings 2024
$231k USD
List Price $995k USD + Inventory
Investment Rationale
Tremendous opportunities exist throughout the Caribbean especially in Guyana which experienced a 62.3% growth in GDP in 2022 as a result of oil and gas explorations.
Selling of the business includes an online store that is currently inactive. Promoting this store through advertising and increasing social media presence can increase net earnings by at least 10%
The knowledge base of the company can be used to provide technical training courses to institutions and companies.
ELV solution design is an integral part of our portfolio. This can be harnessed as separate service and offered to building consultants regionally and internationally.
Although the company has equipment rental contracts and service contracts more can be done to encourage clients to take yearly service contracts rather than be paying per service call.
Current no of employees - 18
Customer Overview
Over the last five years we have developed partnerships with other leading communications vendors in the industry such as PELCO, VES, HONEYWELL, HIKVISION, GRANDSTREAM, KERI, MATRIX, APC, PANDUIT, AXIS AND ACTI. Through these partnerships we will be able to continuously deliver reliable and cost effective solutions to our valued customers. We have focused mainly on the Trinidad and Tobago market and we have also built strong relationships with both our clients and vendors.
The company works with reputable brands - CISCO, Avaya, Axis, Leviton , Panduit etc.
Approximately 87.5% of 2021 customer accounts were repeat customers. All customers are commercial business from all sectors. Private business and government
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