Copier Rental and Sales - Excellent Margins!!!

Contact Seller
Excellent Margins and Unlimited Growth Potential
Asking Price:
$310,000

Gross Revenue:
$330,000
Cash Flow:
$100,000
EBITDA:
$100,000
Inventory:
$81,500
included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

Business is an industry leader in office document management. It specializes in the rental, sales, and servicing of copy machines and printers. The business has an experienced, well-trained and loyal staff making it an easier transition for a buyer. Staff includes tenured receptionist, excellent technicians and experienced installers. The sales process is simple and straight forward based on customers volume of copies per month. The owner does some sales and acts as general manager with all responsibility being handled by email and phone.

Because of excellent service, it has unrivaled word of mouth referrals and repeat business from our current clients with NO ADVERTISING. Established five star reviews on Google and Yelp. Over 100 customers covering multiple industries billed monthly with no customer concentration. Immediate cashflow from recurring monthly contracts makes this a great business for an owner with minimal industry knowledge. Business has a talented fleet of full-time and part-time expert technicians and helpful service personnel that maintain lasting relationships with our clients. The majority of the staff has been working with the company for 7+ years, know their roles, and can complete daily workflow with minimal oversight making the business relatively easy to manage. The business is readily scalable by simply advertising and/or hiring a salesperson. The staffing is 2-Techinicans and 1- Office Assistant. The business carries negligible inventory. The owner manages and does some sales. The business is located in an approximately 2,550 square feet industrial space with rent of $3,100 per month

With an 80% of asking price SBA Business Acquisition Loan with 7.5% APR and 10 year amortization, the buyer’s total annual debt service payments of principal and interest are $47,000. If the new owner realized only the same cash flow as the seller realized during the past 12 Months, then the new owner would net $100,000 Cash Flow - $47,000 Debt Service = $53,000 after servicing debt. A 80% return on cash investment. Additional information including P&L available with executed NDA

About the Business

Year Established:
2001
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
2,550
Lease Rate/Sq. Ft./Mo.:
$3,130.00
Facilities:
2,500+sqft industrial lease in Burbank. Well over 100 copiers and equipment in the field and in warehouse valued over 80K. The technicians operate their own vehicles, so there is no maintenance required for company cars.
Market Outlook/
Competition:
We have a unique model separating ourselves from our competition: The corporate competitors in our industry require long-term 5-year leases. Our clients appreciate the flexibility in shorter-term leases and rentals. This flexibility matched with our competitive pricing structure is a substantial selling point when competing for business. Moreover, our technicians refurbish machines in-house, allowing us to minimize the overhead of purchasing new equipment.
Growth & Expansion:
Every business, from small "mom and pop" shops to big corporations, require copiers and printers. Although the business continues to grow organically through word of mouth current owner does no advertising and employs no salesperson which makes it a prime opportunity for a new owner.
Contact the Seller

About the Sale

Reason For Selling:
Owner is interested in pursuing other opportunities.
Training/Support:
We are offering 30 days support in getting new owner up to speed on daily business practices, key clients, and introduction to staff and vendors.

Listing Info

ID:
1400210
Ad Detail Views:
292

Contact the Seller
Please confirm you're not a robot
Contact the Seller
U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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. See our full Terms & Conditions.
;