Specialty Laser and Survey Equipment Sales and Service Company

laser-stuff
$1,075,000
Listing #: 1621
Location: New England
This company sells and services several lines of technical construction and survey related equipment. They are a leader in New England in their field with an excellent reputation for sales and service. Currently the company has a retail location and three salespeople. All sales people are expected to remain with the company after transition of ownership. While sales and profits are increasing, a fresh approach to marketing could increase sales. The company is in a great position for further growth and the real estate is available. Sales profits are increasing quarterly. No specialty technical skills are needed to buy this company other an ability to manage a growing business. This is a great match for a company in construction services or equipment space or for an independent buyer. With more infrastructure improvement on the horizon across the US, this company is poised for potential growth. EBITDA and SDE cash flow numbers below are AFTER estimate mortgage payments for real estate. Buyer should verify all information in due diligence.
                                                   
Financial Information:
Yearly Gross: $2,659,049 (2020)
Cash Flow / SDE: $444,884 EBITDA $338,542 (2020)
Assets / FFE: $450,000 (Included)
Inventory: $350,000-$400,000 (Not Included)
Real Estate: $415,000
Financing: Pending SBA Pre-Screen
Asking: $1,075,000
General Information:
Year Established: 2006
Facilities: Commercial industrial building 3600 sf + or- (please confirm all measurements)
Growth and Expansion: Add additional on the road salespeople to increase reach and added convenience for customers
Support/Training: Owner will assist in a smooth transition
Reason Selling: Owner wishes to stay on as an employee .
Employees: 5 FT, 1PT
Franchise: No Home-based: No Re-locatable: Yes
For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Gary Rayberg
Broker: Phone: 781-682-6209 ext. 208