Asking Price: $600,000

Gross Revenue: $3,686,000

Cash Flow: $140,518

Inventory: $400,000 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Real Estate: $1,500,000 (Not Included in Asking Price)

Seller Financing: Seller will consider partial financing for a qualified buyer

The company provides land based two-way mobile radio communications for public and private sectors as well as a broad array of marine electronics. There are additional product lines for video and audio applications. It has a large customer base and highly skilled long-term employees to leverage for future growth. The marine electronics business is sold through an up-to-date internet platform. The land-based communication sales are handled by inside and outside sales staff as well as the web platform.

Year Established: 1980

Employees: 10 full time -

Facilities: Leased facilities offer ample space and easy access. Facilities may be purchased or buyer may have right of first refusal. Internet portion of business is home based and is easily relocatable.

Market Outlook and Competition: Seller has not devoted sufficient time and resources to the business given his other business commitments. A buyer could grow the business on a standalone basis or combine it with complementary businesses for greater financial returns. Seller is a one of four key providers of two-way mobile communications and has a larger presence in the South Sound. The company is one of three key providers of marine electronics. The market is stable with upside growth opportunity.

Management Training and Support: Seller will train and transition for sixty days (included in price) and will remain accessible for additional support.

Reason For Selling: Seller wants to concentrate his energy on real estate holdings.