Highly Profitable Niche Equipment Manufacturer
Asking Price:   $480,000Inventory:   $50,000 ++
Gross Revenue:   $971,023 (comments below)Real Estate:   n/a
Cash Flow:   $175,280 (comments below)FF&E:   $135,686 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Three Year Average
Cash Flow Comments: Three Year Average
Our Client Company (CC) was founded by the Seller in 2002. The Seller designed and now manufactures a system which gives owners of businesses wherein customers serve themselves the ability to start accepting credit and gift cards. The business employs three full-time employees including the owner. The business is located in Colorado and serves customers nationwide. Seller estimates that its market share in its industry segment is well over 90%. Seller will work closely to ensure a smooth and effective transition of the business to the new owner. CC sells five varieties of electronic hardware and one piece of PC software. Four of the five pieces of hardware are designed to facilitate the acceptance of credit and gift cards in a specific self serve industry. The fifth is a receipt printer for transactions generated through the other four. The software handles communication between the hardware and the merchant provider, financial reporting and system administration. All four card acceptance machines are second generation designs. CC also sells replacement and upgrade parts. The market for CC’s product is well established and stable. Seller expects the market to grow for its products as the end user industry prefers the convenience of credit cards over having to have correct change. CC assembles it units at its headquarters from parts purchased from outside vendors. It sells through a nationwide network of independent distributors. Seller maintains a parts inventory to back up its warranty and to provide upgrade parts to its distributor network.

Excellent Near Term and Long Term Growth.

The financial performance has been very strong. The Seller has focused exclusively on one end user industry segment which provides an acquirer with untapped potential in other self service applications where the use of credit cards would be advantageous. This business provides an excellent opportunity for a buyer to acquire an established, proven business that:

1) Has shown consistent and strong profitability and solid growth;

2) Has the lion share of the market with over a 90% share;

3) Has strong technology that has provided it with a substantial competitive advantage;

In turn, the buyers will own:

1) A well managed business;

2) A very viable business with a substantial ROI, excellent margins, and great cash flow;
About the Business
Year Established:2006
Employees:3 full time -
Relocatable:Yes
Facilities:Currently in a commercial location, Could be home based.
Market Outlook and Competition:Seller estimates the company has a 90% market share nationwide
About the Sale
Management Training and Support:Negotiable
Reason For Selling:Succession Planning

KEYWORDS: manufacturing profitable colorado established electronic electrical equipment grow


Sell Your Business | This listing has been viewed 198 times

advertisement
Contact the Seller
* Bold fields are required
Re: BizQuest ID:977495
Seller ID:TRG2009311
Your Name: 
Your Email Address: 
Phone Number: 
Message Text: 
Yes, I would like to receive the Buyer's Newsletter.
Yes, I would like to receive a daily summary of new listings.
Tips for Buyers
Privacy Pledge
BizQuest has been connecting buyers and sellers for over 15 years, and has earned a reputation for honesty and integrity. We will NEVER sell or share your personal information with anyone other than who you have specifically requested. For more see our Privacy Pledge
NO SPAM ALLOWED
BizQuest has a strong anti-spam policy. Use of this form for any reason other than to inquire about purchasing this business will result in cancellation of your account.
Business Listed By
Mike Schaack  |  The Redstone Group, Ltd.
View All of My Listings
Recommended Resources
Sponsored Links
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.