ID Labels and Equipment B2B Sales Service Company For Sale
Description
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 Included 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
Included in asking price
Furniture / Fixtures and Inventory / Stoc included
Sales Revenue
500000
Net Profit
100519
Years Established
8
Employees
2
Trading Hours
m-f, 8-5
Support/Training
Traning and support to be provided as needed to insure a successful transition.
Reasons for Selling
Parent company is selling this division as it is un related to their core business of printed and promotional products.
Finance Available
Seller is willing and aboe to provide a note or earn out payments to a qualified buyer with a significant down payment.
Furniture/Fixtures Value
$5,000 (included in the asking price)
Inventory/Stock Value
$5,000 (included in the asking price)
Tenure
Unspecified