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Hudson Valley NY

  • Listing Number: 215-21038

  • Category: Miscellaneous, Professional Services, Service - Commercial B2B

Asking Price $3,680,000
Down Payment $2,500,000
Gross Revenue $2,681,117
Total Adjusted Net Income $933,919
Equipment / Fixtures $111,200
Year Established 1949
General Location Hudson Valley NY
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The Company is a leading provider of sound & communication solutions in the Hudson Valley. It is celebrating its 72nd year in business. Its areas of expertise include: Public Address and Intercom, Nurse Call Communications, Synchronized Clock Systems, Professional and Performance Sound, Audio-Visual Technology and Installations, Meeting Room and Court Room Systems. The area's most prestigious medical facilities trust the Company for their nurse-to-patient communication systems. They maintain their impeccable reputation among health care clients by providing 24/7/365 prompt on-call service response, direct access to qualified service technicians even after hours and on holidays, a professional repair shop, stocked with a full complement of emergency replacement parts. The Company has provided solid, feature-rich solutions for educational, manufacturing, and correctional facilities for over four decades. Their experienced sales and technical staff will help determine which solution best suits your facility and your budget. The property and building are owned by one of the owners and is also for sale at an additional $450,000.

Gross Revenue $2,681,117 Listed Price $3,680,000
Total Income $933,919 Down Payment $2,500,000
Base Rent $2,800 Square Feet 3500
Total Rent $2,800 Lease Expiration 07/2022
Rent Deposit Lease Options
Inventory $80,482 Leasehold Improvements $55,576
Equipment / Fixtures $111,200 Other Assets
Full-Time Employees 6 Training Period Two months
Part-Time Employees 1 Special License Required
Contract Staff 2 Reason for Selling Retirement, Exit

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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