| Currency | : $ |
| Price | : 850000 |
| Sales Revenue | : 1708859 |
| Net Profit | : 248229 |
| |
Worldwide Distributor-High Tech Products (Equipment, Parts and Supplies)
This ten year old distributor of high tech products sells equipment, parts and supplies to companies, including many Fortune 50 firms, who service and maintain original high tech equipment such as: computers, printers, point of sale devices, automated teller machines, and medical devices.
They serve as a virtual extension of the Purchasing Dept of major service organization companies such as: NCR, HP, IBM and UNISYS with significant sales in Europe, South America, Australia and Asia. The firm essentially sources what these service organizations service.
Their ongoing commitment to quality has earned them a very prestigious customer list with existing, ongoing and transferable contracts in place with an impressive number of very well known high tech companies. The firm has been ISO 9001:2000 certified since 2002.
According to the seller, this business has exceptional growth potential, especially within the United States. As events have played out, the firm has penetrated the most difficult international markets first with the less complex domestic marketplace presenting an incredible opportunity. At present the business mix is 90% international and 10% domestic sales.
Profit margins for 2004 ran an impressive 33% and 31% in 2005 in spite of several non-recurring events that reduced 2005 sales to $1,723,894 and SDE to $182,000 from prior significantly higher levels. The non-recurring events of 2005 include: At the beginning of the year the ownerÂ?s extended leave of absence for a total of 16 weeks; his partner left; and mid-year the company suffered a computer crash that required several months to fully recover limiting ability to service customers. The owner said no customers were lost. Their First Quarter 2006 numbers are "meeting" and "exceeding" their Plan.
Much of the business is conducted via email, primarily in English, although they do employ a staff fluent in Spanish, German and Chinese. The entire order process is automated with new enhancements being added on an ongoing basis. Parts are ordered on an "as needed basis", therefore no excessive inventory is necessary.
This is a turn key business opportunity, with an exceptional staff in place with over 30 years experience. The seller has taken great care to document all business processes and maintain a rigid and successful quality control program.
For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at 714-619-9310.
Email: steve@sunbeltorange.com. Fax: 949-666-5289.
For a complete listing of our currently available business opportunities go to: www.sunbeltorange.com
|
It is NOT ok to contact this poster with commercial interests.
63 hits
|