Listing Number 10160

This extraordinary telephone company rents telephone systems on six year rental agreements, in a 2 county area. They do not sell or lease them. A business owner in one call can handle equipment malfunction or problems with local and long distance servers. With no salesmen or marketing plan this 29 year old company has maintained steady growth. They have expanded through referrals only!!! With a market oriented, aggressive owner the areas this idea can be taken to are limitless. There are few companies that do this due to high start up costs, but it makes more sense due to changing technology. Owner wishes to retire.

Furniture, Fixtures, & Equipment:

$ 50,000

Asking Price:

$ 1,600,000

Vehicles and/or rolling stock:

$ 20,000

Down Payment:

$ New Loan

Inventory

$ 300,000

Accounts Receivable (if included)

$ 2,200,000

Annual Sales Volume

$ 1,006,477

Land & Building (if included)

$ 0

Cash Flow

$ 425,637

Other Assets

$ 0

Current Liabilities to be assumed

$ 0

Current Notes to be assumed

$ 0