North Texas IT company integrating communication systems.
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Asking Price
$5,950,000
Detailed Information
Dallas County, Texas, US
Not Provided
NA
Business Description
This established North Texas IT company, founded in 2002, specializes in integrating various communication systems for businesses, including structured cabling, fiber optics, audio/visual setups, and more. They focus on delivering top-notch service through design, installation, and maintenance offerings to enhance network efficiency and productivity for their customers. Despite not having a recurring revenue model, the company generates around $1M annually through service contracts. In recent years, the company has seen revenue ranging from $3M to $4.5M, with cash flows between $679K to $1.3M. They experienced a significant revenue spike in 2021 due to a large customer moving into the area, although revenues returned to normal levels in 2022 after the customer relocated. The company anticipates another revenue increase when the same client establishes a new lab or data center in the near future. Certified as a Texas State HUB, WBE, and a Woman-Owned/Minority Business, this company employs