Business for sale in USA – Menlo Park – California – RETAILER

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Business for sale in USA - RETAILER

Asking Price: 550,000 $ US Real Estate: Lease
Sales Revenue: 1,224,780 $ US
Net Profit: 225,000 $ US
Year Established: 1
Employees: 7FT
# of family members employed: Not Disclosed
Location criteria:
USA/California/Menlo Park

Business types:

Other industries

Business categories:

Other #1

Business description

This successful office products retailer has weathered the economic storm of Silicon Valley, and emerged as a profitable and stable company. Products include copier, laser printer, fax machines or a combination of the three. Most customers lease the machines - 80% used, 20% new. Leasing company purchases the machines from MIS which results in an outright sale. Company has additional profit base from ongoing service contracts and supplies sales - circa 1/3 of revenues generated. Very stable and reliable staff with average tenure with company of over 9 years. Diversified customer base throughout Santa Clara, San Mateo and San Francisco counties. New owner has advantage of well established business, fully automated document storage for maximum efficiency and a seller who is also the landlord. Exceptional website, - very user friendly, solid selling tool. Current sales are made primarily thru renewals and long standing customer relationships. Seller will train buyer on details, and recommends new owner have an outside sales rep to call on prospects as a driver of new sales. Seller will carry a note for up to 10 years for qualified buyer, rate to be negotiated.

Additional information

Additional information: Not Disclosed
Support & training: 4
Reasons for selling: Other interests
Financing available: 82500
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 $ US
Location: Not Disclosed

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