Low Voltage Systems, Fiber Optics, Security and Fire Alarm
Off-MarketSanford / Orlando, FL
Low Voltage Systems, Network Infrastructure, Fiber Optics, Fire Alarm Systems, Security Systems
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$2,500,000
$800,000
32.0%
1999
30+ Days
Customers
Commercial customers requiring networking infrastructure, fiber installation, fire alarm systems, security systems, and low-voltage services. The recent customer base includes large enterprise clients such as Universal Studios.
Customer Acquisition
Primarily through industry relationships, project bidding, referrals, recurring service contracts, and strategic commercial partnerships. The company has also secured direct vendor relationships with major organizations, including Universal Studios.
Team
The company employs 16 full-time W-2 employees and utilizes 1099 contractors when additional labor is required for larger projects. The business is managed by a General Manager who oversees day-to-day operations. A qualified EC license holder remains with the company to maintain compliance and licensing requirements. The General Manager currently runs daily operations, and the company’s EC license qualifier is expected to remain with the business. Existing staff are expected to continue operating the company after a transition.
Owner's Role
Owner is largely removed from daily operations. He conducts weekly financial reviews, strategic planning meetings, and oversight discussions with management. Daily operations are managed by a general manager.
Reason for Selling
Owner resides in the Carolinas and wants to focus on opportunities closer to home. He is seeking to exit the Florida market and redeploy his time and resources into businesses located in the Carolinas.
Contracts
The business has recurring monthly revenue (RMR) of approximately $300,000 annually, additional service revenue of approximately $250,000 annually, and recently signed a Master Service Agreement with Universal Studios.
Real Estate
The owner owns the office building located in the Sanford/Orlando area and indicated that the real estate is included in the sale.
When Are You Looking to Sell
ASAP
Licenses Required
The business requires a Low Voltage EC License. The current license qualifier remains with the company. The license can continue through the existing qualifier or be maintained by hiring another qualified individual if necessary.
Additional Notes
The company was founded in 1999 and acquired by the current owner in Q3 2024. The owner previously engaged a broker for approximately six months. The business was marketed at approximately $5.5M, but the process was unsuccessful due to valuation concerns and SBA financing challenges related to insufficient historical financial statements under the current LLC ownership structure. The broker engagement ended approximately two months ago and is no longer active.
Business ID: 1712
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