This business for sale specializes in the installation of network cabling and other low voltage systems based in Virginia. The portfolio of services encompasses structured cabling, installation of optical fiber cable, paging systems, IP camera video monitoring systems, infrastructure design, equipment installation, cable plant documentation, and national rollout services.
Overview of this business for sale
The network/structured cabling company for sale was formed by the current owner in 1994. The owner lives in Florida and owns 100% of the subject business which is incorporated in the State of Virginia. Services are provided throughout all 50 states. The company employs 3 technicians that travel the country almost exclusively performing their services under a Master Contract with a Fortune 100 Food & Beverage Manufacturer. It is worth saying that this service provider is one of 2 companies providing network cabling and IT infrastructure services under a Master Contract.
There is no separate business location as all employees and owner work remotely traveling to the service areas and performing work under contracts.
This sale covers intellectual property, contracts, goodwill, and a broad range of vehicles and equipment. The owner and his agent will work with a prospective purchaser to provide a smooth transition. A prospective purchaser will be given access to complete, confidential due diligence documentation to facilitate the acquisition process. Detailed information will be provided after signing a Non-disclosure agreement.
Due to well-established relationships with the customers, the company for sale has a range of extra opportunities for growth:
- to offer a complete IT audit,
- to provide additional IT support services to the customers,
- to expand into the international market.
Selling all or majority control of the company to a large, multi-site network cabling and IT service provider would bring substantial profits.
