Business
Description:
Designs,
engineers and builds television stations, video production facilities, video
production trucks and mobile productions systems. Clients Fox, NBC, ABC,
Bloomberg, AOL, Intel and Dow/DuPont. Government clients include the US Navy,
the US Army. Other clients include schools, House of Worship and city and state
government entities. Systems have been built for foreign clients in China,
Nigeria, Libya, Egypt, Bulgaria, Trinidad, Jamaica, St. Thomas, Guatemala and
Mexico.
Distribution:
Representing over one hundred video and audio equipment
manufacturers. Church, Schools, and Television, IPTV Stations and Production Facilities.
With several units already built and installed for the US Navy, substantial
sales are expected as the Navy continues to modernize its fleet. With written
confirmation that the Navy will be upgrading or building new ships that will
total over 35 units. OB Trucks, Video Trucks and SNG Vehicles. Custom built
vehicles from 20 to 50 feet with optional satellite uplinks. Mobile Productions
Systems Up to ten cameras including robotics and Instant Replay dishes. With over $5,000,000 worth of projects in
process as of February 2020 and signed backlog of $29,000,000
The
Transaction:
The owner is
ready to retire but could stay on for a period with executed agreement to help
with the transition and training.
Financial Summary (000s)
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2019
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2018
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2017
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Revenue
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3.0 M
|
4.7 M
|
4.7 M
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Adjusted
EBITDA
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848k
|
1.1 M
|
1.3 M
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Other Highlights
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Location
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Financials
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Management Team in Place
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Years in Business
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SIC Classification
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West Coast
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Reviewed
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Yes
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21
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3663
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Direct
All Inquiries to:
Gottesman
Company
Refer
to: S-2994-1 CES
Tel: 718-618-5346 UK Office: +44 (0) 7906786505
Email: dmj@gottesman-company.com