Growing Equipment Manufacturer For Sale
Description
The company designs, assembles and markets a full range of industrial laser printer solutions for special applications that are particularly beneficial in shipping and manufacturing areas that are dirty or humid. Their design incorporates a unique environmentally self conditioned cabinetry that they have patented which utilizes industry standard laser printers.Included in asking price
Furniture / Fixtures included
Sales Revenue
1m 5m
Net Profit
250
Years Established
14 years
Employees
3-ft. 2-pt.
Location
They do business from a 3,000 square foot leased business park facility that consists of front offices and assembly/storage and shipping area in rear.
Expansion Potential
During 2004 and early 2005, the company completed a new design and implementation of several product lines that will expand both their market and their sales and will significantly reduce their exposure to the spending limits of any large customers. The new product redesign has built in several additional advantages that will make it more marketable and profitable for the company. They target Pulp and Paper Industry, Chemical Drums, Steel, Large product distributors and OEMS. Also, a huge potential exists in the Defense and Military markets.
Competition/Market
The only competiton is older technologies such as Thermal Transfer printers and Impact (dot matrix) printers which are extremely vulnerable to being replaced by this company's technology.
Support/Training
Seller is willing to train and assist buyer for a successful transition and may be further available for up to 1 year if buyer desires.
Reasons for Selling
preparing to retire
Finance Available
Some seller financing may availabel to a well qualified buyer
Furniture/Fixtures Value
$288,700 (included in the asking price)
Inventory/Stock Value
$100,000
Tenure
Leasehold
Lease Terms
assignable