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Electronic Design

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$1,000,000 $3,069,000 $585,020

Inventory Value:
$500,000 ( not included in the asking price)

Business Summary:
Custom design/sales/installation of home theater/audio for new residential construction & retro fit. Upside tremendous in commercial. Projects can range from 100k-2 mil lasts 2 weeks – 1 year. Work automation lighting & climate control. Structured wiring 5 phase. Innovative technology, excellence in service in tri state area. Distribute audio/video. Home networks, phone systems, security cctv-nanny cams. Total smart home technology. Exclusive contract with D-box, Elite HTS, Simplify, ON-Q, Martin Logan (Design Series, Esl), Amx Home, Cabasse. Inc. 1-2007 Ford Focus Wagon, 2 contracts. For right buyer low down payment. 50% merger for $1 million. Breakdown 95% sales/installation, 5% project/management/architect.

 
   
   
Year Business was Established: 2004
   
Number of Employees: 8  
   
Facilities / Terms of Lease: 2 story house (showroom) recently remodeled. Lease 15 year (1 year - / = 3%).  
   
Owner willing to finance: 25% down for right buyer requires personal signatures, pledge asset.  
   
Owner willing to train: Two weeks  
   
Reason for selling: Looking for merger/sell outright  
 

 

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