Worldwide Distributor High Tech Products
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1504531
Net Profit / Cash Flow $271384
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 1 - 3
Inventory 126000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Retirement.
Description High Technology Products-International Distributor of Supplies, Parts and Equipment
This 13 year old firm has carved out an impressive market niche in the marketing of high technology based equipment, parts and supplies to international companies, including many Fortune 50 organizations.
Product provided by this company allows their worldwide client firms to service and maintain vitally important original high tech equipment such as Printers, Point of Sale Devices, Automated Teller Machines and Medical Devices.
Because of their splendid track record and commitment to quality the firm has developed a very impressive customer list including an impressive array of prestigious, well known high tech companies. They have been ISO 9001:2000 certified since 2001.
According to the seller, the business has exceptional growth potential, especially within the United States. This was clearly evidenced during the last half of 2007 when the firm executed its single largest contract ever, with a very well known US Based Fortune 300 firm.
Some Specific Reasons You Should Consider this Acquisition Opportunity:
>Management has successfully focused on increasing Gross Profit Margins over the past few years- Gross Profit has grown from 32% to 40%, which has corresponded to greater net profits as well.
>Long Term Business Success: In business since 1995 and under current ownership for 10 Years.
>Limited Competition
>Benefits from a Lower US Dollar: 90% of sales currently are International, while product is sourced in the United States.
>Virtually Zero Bad Debt over the past 10 Years
>A Highly Diverse Customer Base with very little dependence on any specific client
>Business is conducted primarily in English and via Email. Some of staff does have fluency in other languages.
>The Company already enjoys approved vendor status with many international firms.
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