37401- Satellite, Cable & Internet Provider Services
For Sale in FL
Financial & Assets Details
About the Business
Founded over 30 years ago on the Eastern Florida Coast, the company has expanded its operations and capabilities to become a one-stop shop for cable channeling, telephone and internet communication services, and turnkey satellite installations and repairs services. This business has continuously provided some of the leading brands in cable channels including FOX, CNN, Turner Broadcasting Services (TBS), and The Weather Channel for over 30 years. The company’s commitment to quality permeates throughout the organization from its reliable communication services to excellent customer service, and has resulted in many highly satisfied clients. Today, the company enjoys a loyal customer base with bulk 5-6 year contracts and nearly 100% repeat business. It is well positioned to pursue growth through initial marketing efforts, as there has been virtually no marketing done. In addition, a more assertive owner may consider expanding the service area.
Servicing the local 50 mile radius, approximately 60% of revenues derive from cable television, 30% internet, and 10% telephone services and satellite installations and repairs. Currently 90% of revenues come from multi-family housing such as apartments and condominiums while a mere 10% comes from single-family homes. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Approaching retirement hasn't slowed this seller down, weekly investments are made to be sure to keep a strong customer base. Revenues have been stable with little effort for several years, endless growth capabilities! Owner financing is negotiable! For full details, contact IAG offices today!
Negotiable for the right buyer
Two-building complex totaling 6,100 sq. ft. consists of 2,500 sq. ft. of office space and 3,500 sq. ft. of warehouse space. The property is owned with an option to lease or purchase.
Support & Training
While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.