EXTREMELY PROFITABLE TELECOM BUSINESS

Listing ID:
TORONCT001-N14

Confidential, Ontario, Canada

Telecommunications

Listing Status: Active

Sunbelt of Toronto Center

Phone: 416-360-0404
Fax: 1-866-643-3154

The following broker is assigned to this listing:

Jack Elias

jack.elias@sunbeltcanada.com

Description

This Ontario based company has enjoyed continual growth and profitability over the past 30+ years in business. With contractual clients throughout Canada and a reputation as one of the best in the industry regarding its customer service and highly skilled technicians. The business specializes in handling client telephone systems including video surveillance, voice over IP, network cabling, paging systems and call centre systems. The Owner wishes to retire and hand this company over to an Experienced and Financially backed Buyer. Annual Revenues of $6.6M and Net Profit of $1.3M make this an attractive investment with very little risk in the Telecom Industry. If you do not have Telecom Industry Experience or a Net Worth more than $3M, Please Do Not Inquire!

Financials

Asking Price:$7,000,000
Revenue:$6,600,000
Cash Flow:$1,344,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$100,000 (Included in Asking Price)
Inventory Asking Price:$350,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1989
Year Acquired:1989
Full-Time Employees:21
Part-Time Employees:31
Reason For Sale:Retirement