Telecommunication Company

  • Status: Sold
  • Price: $990,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
  • Listing No: 6411
  • Status: Sold
  • Area: San Diego County
  • Price: $990,000


Extremely well-established Telecommunication company providing services such as: Cloud Migration, UNIVERGE BLUE® CONNECT, IP Phone Systems, Cameras, and many more related services. This 38-year-old company has always been ahead of its time using telco revenue sales savings to create new sales that resulted in more recurring revenue and big hardware sales. This company has been able to change as the market has changed, always staying relevant and profitable! The Business has a bright new future ahead of it with all kinds of opportunities and will produce more income and profits in the future than it has in the past. The Company has a lot of excellent hotel opportunities coming on board, the revenue projection for the added hotels is additional $880,000worth of business. The company size scaled down during covid but remained profitable, when Covid started they were at approximately 23 employees, the management carefully trimmed down the staff to 13 selected individuals. This has been great because the company has been able to run the company without creating losses during these trying times, with the new norm the company operates with less employees with all the newer technologies available to operate remotely, so less truck rolls, less techs required, saves on overhead…Covid became a great excuse to re-engineer the company, get rid of expenses, paired down the staff to the core that’s needed, have people pass their knowledge onto the people that are staying in an orderly manner. This company can easily increase revenue with simply adding additional web marketing and adding extra sales staff.

2350 sqft of space + 1500 mezzanine (6 offices, conference room, large work room and kitchen, 3 cubicles in
front and 2 in the back area, large windows with views down the canyon, men’s and women’s restrooms)

Rent: $4000 per month, Long Term Lease available

4 Vans are included in the sale of this Business ((3) Nissan vans & (1) Sion XB car)

Gross sales:
2019                       2020                    2021                    2022
$1,874,000         $1,953,000         $1,652,000         $1,570,000
Average Net: $300 to 325K Per Year
Do Not let this opportunity go!!!
Please do not speak to anyone at this location!!!
Please Provide signed NDA and Proof of Funds for more Information

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Service Related
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6411
Date Available: 03/10/2023
Reason For Sale: Retirement

Financial Information

Annual Total:
Annual Net Income:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
Lease Option:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:

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