ID Labels and Equipment - Sales and Service
Location: North Carolina > Buncombe County > Asheville
Industry: Technology > Other Technology
Financials
Asking Price: $250,000
Gross Revenue: $500,000
Gross Revenue Comments: 2008 projected sales
Cash Flow: $100,519
Cash Flow Comments: 2008 projected SDE
Inventory: $5,000 (Included in Asking Price)
FF&E: $10,000 (Included in Asking Price)
Seller Financing: Seller note and/or earn out payments will be provided to a qualified buyer
Business Summary
The Hatteras Group, Inc. is pleased to represent for sale a division of a company that is a Value Added Reseller (VAR) and Service Provider for Thermal Printers, Barcode and RFID Equipment and Supplies and Warehouse Management Systems to industrial accounts primarily in Western NC and SC. The business unit has a 10 year history of success but the parent company seeks to focus on other core competencies which do not include this business unit. Revenues come from product sales, product repair services and annual service contracts. Growth opportunities exist with current clients as well as new accounts and product line extensions.
This opportunity should be attractive to an individual with a background in technical sales and/or service or to a similar company seeking to add new accounts. Since the business currently operates as a division of another company, a new owner will need to create a new trade name for the business along with new facilities, website and telephone number. Seller will provide ample time for a successful transition while using the current name, space and telephone number.
Acquisition Highlights;
• Annual Revenues $ 409,784 in 2007
o Includes about $70,000 of annual service contracts
o $500,000 in sales projected for 2008
• SDE of $ 91,381 in 2007
o Adjusted for a probable owner/operator
o Projected SDE of over $100,000 in 2008
• Asking price of $250,000
o Seller will provide financing in the form of a note or earn-out payments to a qualified buyer who makes a significant down payment.
• Inventory of $ 5,000 included in the asking price
• Key employee in place and willing to remain
This opportunity should be attractive to an individual with a background in technical sales and/or service or to a similar company seeking to add new accounts. Since the business currently operates as a division of another company, a new owner will need to create a new trade name for the business along with new facilities, website and telephone number. Seller will provide ample time for a successful transition while using the current name, space and telephone number.
Acquisition Highlights;
• Annual Revenues $ 409,784 in 2007
o Includes about $70,000 of annual service contracts
o $500,000 in sales projected for 2008
• SDE of $ 91,381 in 2007
o Adjusted for a probable owner/operator
o Projected SDE of over $100,000 in 2008
• Asking price of $250,000
o Seller will provide financing in the form of a note or earn-out payments to a qualified buyer who makes a significant down payment.
• Inventory of $ 5,000 included in the asking price
• Key employee in place and willing to remain
About the Business
Year Established: 2000
Employees: 2 full time - 0 part time
Relocatable: Yes
About the Sale
Management Training and Support: Training and support will be provided as need to insure a successful transition
Reason For Selling: Parent company is selling n order to focus on key market of printed products
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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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