Point Of Sale Service Provider
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $1250000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 10 - 19
Inventory $25000.
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Seller will stay for an extended time to ensure a successful transition.
Reason for Sale After 23 years of success, the seller wants more time with family.
Description This company was awarded the #1 worldwide reseller award for 2008 for the product they represent. They have been selling POS solutions to the restaurant industry since 1987. They provide and maintain complete customized solutions for POS and back office to help restaurants operate smoothly. With over 350 customers in the metro NY area along with 23 years of success and customer goodwill, this is a great opportunity to own a market leader with great profitability. The initial sale typically has a 100% markup over cost, and revenue can continue with service contracts that bring in 10% of the original sale price annually. Cash flow is roughly 1/3 of revenue which has been stable at over 1,200,000 for many years. Recurring revenue from service contracts adds more profit. This business can be located anywhere in the NYC Metro area.
Competition: The company is ranked #1 nationally for the product they represent and operate in the NYC Metro market so the prospects are unlimited.
Growth and Expansion: Since they serve the restaurant community in the metro NY area, the market is very large and grows all the time.
Support/Training: Seller will stay for an extended time to ensure a successful transition.
Reason Selling: After 23 years of success, the seller wants more time with family.
Year Established: 1985.
Employees: 10.
Contact for more information on this Point Of Sale Service Provider company for sale.
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