Office Equipment Sales
Location Michigan,United States
Asking Price Range $250K - $500K
Gross Revenues $191898
Net Profit / Cash Flow $141381
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1971
Number of Employees 1 - 3
Inventory 26500
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training The owner is willing to negotiate a time frame ...
Reason for Sale The owner has spent 30+ years in the business, ...
Description This Company was established in 1971 as a business that provides office equipment service and repair. It then grew into the office equipment sales branch to better service their customer base and to meet their needs. The present owner has been with the company since 1982 and purchased full ownership in 1988. Over the years it has supported service and repair of typewriters, calculators, accounting machines, banking equipment, cash registers, printers, copiers, fax, and multifunctional equipment. In this day and age, the business is primarily focused on the sales service and supply business related to copiers, fax, printer, and multifunctional equipment. This business holds the majority of the market share in this area. By developing a local customer base it has enabled the business to become more profitable by reducing labor expense, reduce nonproductive time and reduce travel expense. As a result the company was able to provide better service and faster response time to their customers. This business' operating capital presently comes from copier maintenance agreements, copier rentals, time and material copier service and the sale of related supplies and parts. There is a 700+ customer base for time and materials repair and supply billing. It is a stable business that is well established in the local and surrounding counties. This business was built by networking with and supporting the local community. Contact for more information on this Office Equipment Sales business for sale.
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