Listing Number: 94356-831691
This business invented a concept in the late 1980's that is widely used today in the media production industry. They are the world leader in their market and have very few competitors.
This company attracts business from tech companies, government entities, and universities with customers like Apple, Nike, Amazon, Target, and many more.
In 2019, they were granted a new patent that covers the manufacturing of their product.
The discretionary earnings average for the previous five years is over $785K.
This business is positioned to grow even more with the increased need for virtual communication.
The company operates with high margins and a small staff and can be ran from anywhere in the world. Management is in place and is willing to stay on.
Due to the nature of this business, proof of financial feasibility will be required prior to disclosure of additional information.
- Price: $ 8,500,000
- Down Payment: $6,500,000
- Sellers Discretionary Earnings: $ 1,200,000
- Total Sales: $ 3,000,000
- Inventory: $ 564,513
- FF&E: $ 302,389
- Employees: 4
- Reason for Selling: Retirement
- Category: Manufacturing