Annual Revenue: $1,733,000
Net Cash Flow: $600,000
Location: New York
This company has been sold.
This Company produces and distributes proprietary wireless products for a growing niche in the Security industry. Their recurring revenue has grown continuously every year since their inception over 15 years ago. Demand continues to grow because their patented technology provides an added value compared to conventional products. This is a unique opportunity to own a company with high profit margins and relatively low overhead. Owner is retiring after many years in the business. A company in a related industry that acquires this business would have access to this company’s repeat customers and would be able to sell this company’s products into the acquiring company’s customer base.
Support/Training: Seller will stay on after the sale to help with training and transition of the sale.