Active
Xerox Business with 62 Percent SDE! (37831)
Situated in the Salem-Portland area off I-5, listing specializes in renewed copy and printing machines and other installs that are enhanced with performance features & upgraded components. Company also offers the easily expandable service of an electronic filing system that integrates the equipment by adding translation services and cloud technologies when required by clientele. With an additional $1,000 per client, inventory retails at $200K on average and multiple resources for supplies and equipment allow the business the ability to expediently service clients with outstanding downtime response. Apart from long-term leasing options, there are also national opportunities for buyer to rent out machines for under a year, hire new technicians and sales personnel for further enhancement. With no clients apart from their main consumer making up more than 9% of its annual income, company enjoys flexibilities for strategic optimizations and plans of growth inside the industry. Benefited by strong reputations, reviews and ample experience in Commercial (90%) and Government (10%) work, the business is looking into VOIP offerings as another avenue for income. Though impacted by the two-year global pandemic, Total Revenues in 2022 reached $435,984 in alongside Seller Discretionary Earnings of $270,735. Reliable team of five nonunion employees are most likely to remain post-purchase and transition one to full-time manager as operations continue during a smooth three month acclimation. Besides their website and online engagement, marketing efforts utilize billboards via BLIP Marketing and direct mail campaigns, backing verbal referrals from a rotating customer base. The warehouse facility measuring 2,950 square feet features product displays, administration space, production areas, and storage room. Current GP per device sold is currently averaging a 1,431% margin!
Listed By: Ann Parsley
Background information
Seller Number:
37831
Year established:
Started in 1989; Incorporated 1995.
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$435,984
Profits:
$270,735
Profit type:
Discretionary Earnings
Operations
Employees:
5 nonunion.
Equipment:
$40,000
Inventory:
$40,000
Premises
Facility:
Additional $1,000 per client, inventory retails at $200K on average!
Square footage:
2,800+/-
Location:
Leased. Business can be easily Relocated!
Opportunities
Market:
Online Engagement, Billboards, BLIP’s, and Direct Mail plus Referral Sources.
Price and terms
Price:
$1,250,000
Financing:
Negotiable up to 20% for the right buyer.
Owner Transition:
Smooth 3 month acclimation.