Office Technology Company with 85% Growth

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Asking Price:
$5,125,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$935,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,250,000
not included in asking price

FF&E:
$24,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Ergonomic technology company interested in selling a controlling interest in itself to an investor with experience in getting companies from under ten million to $30 to $50 million in revenue. Company has developed an innovated and patent pending software component that gives it a lead in the industry.

Company’s focus is the business to business furniture market with specialization in ergonomic technology (hardware and software). Customers include many Fortune 500 companies, large hospital networks and universities.

Company has been named to the Inc. 5000 for the past two years and continues substantial growth with expected revenues of $5 million and net income of just under $1 million for 2018. Sales in 2017 were just over $3 million.

Experienced management in place that will stay on if desired.

Buyer should have previous experience in the sector or related sectors such as wellness, commercial real estate and business services dealing with Fortune 500 companies.

About the Business

Number of Employees:
9
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About the Sale

Reason For Selling:
other interests

Listing Info

ID:
1578870
Ad Detail Views:
0

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Business Listed by

Jody Reese

Transworld Business Advisors New Hampshire
License# NH0673

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