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Vermont Direct Marketing Service Provider
| Asking Price: | $700,000 | Inventory: | $10,000 ** |
| Gross Revenue: | $1,200,000 | Real Estate: | n/a |
| Cash Flow: | $200,000 | FF&E: | $250,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is an attractive service business with a bright future. The industry itself is still in its infancy. Growth is occurring naturally as the public becomes better educated of the saving that can be accomplished through utilizing the services of these companies. Future growth of this company could be significant if a strategic sales and marketing plan were implemented. The equipment and facilities are both underutilized. If a new owner were to continue to operate this business as it has been, there are still very attractive cash flows and returns on investment. This business is easily learned through training which the seller is committed to provide. . The business has acquired state of the art equipment to aid in the growth. No major new capital expenditures have been identified. A recent building purchase provides all the space required for the immediate future. There is a high repeat business from existing customers and new business is being developed all the time. Since referrals seems to be the main reason behind the historical growth of the company, the customer base appears to be happy with the services and should continue so long as quality and service remain. Sales of over $1,200,000 have produced very attractive cash flows for the owners.
About the Business
Year Established:1986
Employees:2 full time - 3 part time
Facilities:The sellers own the real estate personally and lease it back to their corporation. A buyer will have the option to purchase the real estate if desired. The facility sits on approximately ½ acre of land . The one floor building has approximately 8,300 square feet of space. The space is divided into offices, a conference room, production, loading truck bays and storage areas. The square footage is sufficient to allow for considerable growth. There is adequate parking for employees and customers on site. The location is convenient to the interstate and major traffic routes in the area. The equipment is state of the art and many pieces were recently acquired. No additional capital expenditures have been identified.
Market Outlook and Competition:These businesses tend to be geographically centered because of transportation issues with the customers, unless the business is large enough to do significant volume. The business is the only independent business of this type operating in the immediate area. The other two centers are owned by synergistic companies and do not take on independent service jobs. One competitor just went out of business. The other closest competitors are 45 miles away.. Only two of those seven are of any size, and both are owned by large synergistic companies. Of the remaining five, four are owned by small to mid sized synergistic companies. The lack of independent competition in this business’ immediate geographic market is considered a huge advantage. Growth and Expansion Possibilities: 1-Design and implement a proactive sales and marketing strategy. There is no current proactive sales and marketing effort. 2-Hire an outside salesperson3-Increase advertising.4-Utilize promotional tactics through press releases.5-Seize opportunities to educate the public on the value of this service.6-Form strategic partnerships with area companies so they can offer this service as part of their quotes to their customers. 7-Increase the geographic territory covered
About the Sale
Management Training and Support:The seller is committed to seeing a new owner succeed and will provide any reasonable level of training requested or required. Longer term consulting is also available. Employment contracts will also be considered.
Reason For Selling:Retirement.
Seller Financing:Cash Sale but 10% seller finance will be considered.
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State: Vermont
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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.
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