Property Details

DESCRIPTION:

• A Commercial Audio & Visual Sales & Installation Business serving the Greater Rochester NY area for over 50 years.
• This business provides sales, installation and repair services for Background and Foreground Music, Masking, Speech Privacy, Video Distribution, CATV, Closed Circuit TV, Video Distribution and Conferencing, Public Address, Hearing, Engineered, Wireless, Projection, Intercom, Clock, and a variety of other Systems
• This business does over 200 Service Calls per year for their customers in the Commercial, Retail, Church, Educational, Government, Banking, Electrical Contractor, Restaurant, Medical, and other Industries and fields
• There are currently 5 full-time and 1 part-time employees assisting the owner in the successful operation of this business

ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price):

• Furniture, Fixtures, Equipment and Vehicles at a Fair Market value of $ 100,000
• Inventory at Seller’s Cost of $ 50,000

SALES AND SDE:

                       2022               2021               2020                2019

Sales: $ 1,481,949    $ 1,328,871    $ 1,417,139      $ 1,591,845

SDE:   $    276,200    $    310,705    $    254,832      $    242,190

LEASE:

The Facility is 4,000 Square Feet at a Gross Rent of $ 2,300 a month plus a Percentage of snow removal costs. This business is currently on a month-to-month Lease Agreement

 PRICE/FINANCING:

• The asking price is $ 798,875

COMMENTS:

• This business would be an excellent acquisition for another Audio, Visual, Computer, or High Technology sales, service, or other related businesses
• The owner of this business will train and introduce to all of its customers the buyer of this business to insure a smooth transition.