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80% Recurring Government and Nuclear Communications Firm

Greeneville, TN, USA
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Businesses For Sale | Other Communication & Media Companies For Sale

Listing ID : 426222

Listed On January 2, 2024 View Count 11

Listing Updated January 2, 2024

Price :
Inquire for Price
Business Overview :
Gross Revenue:
$3,330,000
Cash Flow:
$1,564,000
Year Established:
1985
Inventory Included:
Yes
Estimated Value of Inventory:
$250,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$720,000
Business Location Details :
Facility & Tenant Improvements:
Recent relocation in 2023 has streamlined operations into an office space environment.
Property Details :
Terms :
Support & Training Offered:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
Retirement.
Company Overview :
Franchise Overview :
Description :

Boasting a high recurring revenue profile and multi-year contracts, this mission critical communications firm provides best of breed comm’s solutions primarily to nuclear power companies and state agencies. Over the past four decades the company has been a technology leader specializing in the development of unique and innovative solutions to communications problems, mostly involving critical communications and systems necessary to provide timely notifications. Today the Company has thousands of customer sites, each of which contribute to its recurring revenue stream. The company policy is, and has been, to only pursue projects with a recurring revenue component. Although they do sometimes sell hardware and integration services, but only in those opportunities where the possibility exists to increase recurring revenue. The companies recurring revenue stream of approximately $3MM dollars annually is generated by a very stable, long term, customer base of government and nuclear customers through multiyear renewable contracts, most of which have been in place for a decade of more. The company expects this revenue stream to remain stable for the next 5 to 10 years. These recurring revenue customers represent established and trusted relationships with the company and provide the foundation for building additional future revenues. 60% of sales are from nuclear customers, 30% state agencies, and 10% are “other”.

NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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ProNova Partners
License:01820673

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