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Businesses For Sale   >>   Somerset Businesses For Sale   

Investors Needed For AV Rental / Wholesale Business

Location  Somerset County, New Jersey, United States
Asking Price Range  < $250K
Gross Revenues  $1000000
Net Profit / Cash Flow  $150000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2010
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased

Need $200,000 to grow this new business - wholesale importation and distribution of wireless microphone systems plus the rental of wireless microphone systems to schools and churches for plays and converts - nationwide, low prices, easy dealing. Owner has 20 years of direct sale and rental experience with a total of over 30 years working in audiovisual industry. Last business grew from zero to $10 million revenue in 10 years, forecasts indicate that this business should be able to duplicate this result with less staff and infrastructure. Using conservative assumptions the cash flow/profit and loss forecasts indicate great profitability after year 4 close. We are still working on the final business plan which should be completed mid July. Willing to let investors own up to 50% of the non voting stock, but the owner reserves the right to control 51% OF THE VOTING STOCK. Investors are encouraged to actively help in the management of the company acting like a brainstrust that helps the owner make better decisions. We will use the internet for much of our marketing/advertising efforts, some targeted direct mail and selected targeted magazine ads. Please feel free to email or contact owner - Rod Reilly on 908-420-0831.

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