2 - Way Radio Systems - Tower Communication Experts
Location Michigan,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $955000
Net Profit / Cash Flow $341802
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1977
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Key employees will most likely stay on after the sale. The owner is available for a reasonable transitioning period.
Reason for Sale Approaching retirement.
This successful communications business offers two main services to Michigan. They specialize in two-way radio systems design and installations as well as radio tower installation and rentals. Customers are assisted in the complete design and implementation of new two-way radio systems. Radio repairs and maintenance are also important in their daily business activities. They install radios in all types of vehicles from police cars to freight trucks. Their main clients are the public safety agencies including police and fire departments however, they also see a lot from businesses and industrial companies. 60% of activities are related to two-way radio sales, installation and service while 20% is accounted for by tower rentals. Another 15% of activities are due to tower sales, installation and services; the remaining 5% includes radio system rentals. Rentals are available on a daily, weekly and monthly basis, at some of the most competitive prices in the industry. For many in this area, this company is the perfect solution to simple and effective communications!
What started in 1977 as a small company with just a few employees has quickly expanded into this profitable communication service business. The company has been in its current location for over thirty-six years. Not only have they used this time to build up their customer base but they have also acquired strong connections with service providers in their field, allowing them to offer better prices at little cost to them. This is a high cash-flow business, and 99% of customers pay with cash, check or debit card. The current owner has operated the business in both hands on and absentee fashions with the freedom of a flexible schedule. After many successful years of dedicated service, this owner is retiring and is looking for a qualified buyer to take over its management. There is plenty of opportunity for increased sales; this is an investment opportunity any serious buyer will want to consider.
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