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Office Equipment Dealership: Sales And Service

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1218000
Net Profit / Cash Flow  $308000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1983
Number of Employees  6 - 9
Inventory  133000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  4 weeks at 20 hours/week
Reason for Sale  Wishes to pursue other interests
Description  Office Equipment Dealership: Sales, Service, and Leasing Title: Office Equipment Sales, Service and Leasing Asking Price: $935,000 FY 2012 Revenues: $1,218,000 2012 Seller's Discretionary Earnings: $308,000 The following are included in the Purchase Price: Inventory: $100,000 FF & E: $33,000 estimated Accounts Receivable: $113,000 Service Liabilities: $78,000 Down Payment: $250,000 (Business is pre-approved for an SBA loan) Location: San Francisco Bay Area Industry: Imaging Products Reseller This company was established 30 years ago and has been under current ownership for about Eighteen years. The business sells, leases, rents, and services Office Equipment products in San Francisco Bay Area. The business has shown a steady income and bottom line profit for the owner. This is a clean, white-collar business, open from 8:30AM to 5PM Monday through Friday. They are in a 5000 SF facility and pay a monthly lease amount of $4,228 including CAM charges. The facility includes a roll-up door and the FF&E includes a Truck that is used for delivery and pickup. Owner believes landlord would be happy to sign a long-term lease. Their employees include two technicians, an IT Manager, warehouse person, and an office person in addition to the owner. Their customer base is very happy with their service and support. So most of these customers do not see a reason to go out and get competing bids. They have quite a few long-term customers. Customer base includes - multibillion $ high tech public companies, major Law firms, major Accounting and Consulting firm, major Engineering and Construction businesses, medical practices and other business from different and unique fields. Training & Transition: 20 hours per week for up to four weeks. Reason for Sale: Owner wishes to dedicate time to other projects including land development.
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