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New York

  • Listing Number: 206-21789

    Category: Professional Services

Asking Price $54,900,000
Gross Revenue $2,150,830
Total Adjusted Net Income $177,672
Equipment / Fixtures $4,291,551
Year Established 1986
General Location New York
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You can own this 35-year established business that offers solutions to aid clients in managing their employees/co-workers and vehicle fleets. Public schools, Utility companies and private businesses represent the typical customer. Company solutions include wide-area voice, data, GPS tracking, all that are specifically designed, customer-built for campus applications. Primarily focused on generating recurring monthly revenue contracts that bundle all customer requirements into one monthly fee. Providing long-term infrastructure equipment with associated FCC licensing, retaining ownership of both, Company operating profits, growth potential including developing opportunities are enhanced by an agreement allowing use of facilities owned by a major tower company in NY State. Positioned to capitalize multiple growth opportunities scalable to technology and investment influences. With multiple State and Federal Grant programs, this business offers a sold base for exponential growth. Pending federal legislation provides grants opportunities to expand and develop with limited investment. 

Gross Revenue
$2,150,830
Listed Price
$54,900,000
Total Income
$177,672
Base Rent
$5,200
Square Feet
6836
Total Rent
$6,800
Lease Expiration
06/2027
Inventory
$303,519
Equipment / Fixtures
$4,291,551
Other Assets
Off Balance Sheet Per Consultants report: 37,479,599
Full-Time Employees
4
Training Period
6 weeks
Special License Required
FCC licenses may require modifications
Reason for Selling
Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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