Annual Revenue: $2,791,360
Net Cash Flow: $1,252,153
Location: Western US
For over 25 years, this company has provided sales, installation, and maintenance services of telephony and data network products and services to Federal, State, and Local agencies as well as private corporations. They have secured multi-year contracts with several large federal agencies supporting tens of thousands of users across their entire voice networks. Revenue comes from product sales, installation services, and maintenance contracts, some of which are 15 years in length. They have deep partnerships with platform vendors that bring them a steady stream of new opportunities.
Reason For Sale:
The sellers are preparing for retirement.
Training & Support:
The sellers are willing to stay on for 1-2 years after the sale to ensure a successful transition. Upon their departure, they will need to be replaced by senior engineers who are versed in the product platforms the company is partnered with and supports. These are large international vendors, so there are skilled engineers available in the market.
All employees either work remotely or at the customer site so this business can be relocated anywhere.
This company has been expanding its contract values and adding new customers. They are aligned with multiple vendors who continue bringing them in to support their customers’ systems.