Copy Machine Servicing and Sales with Contracts! (17678)

RetailFor Sale in CO

Listing ID: Copy Machine Servicing and Sales with Contracts! (17678) | Broker Listing ID: BLP346281

Financial & Assets Details

Revenues: $428,915

Cash Flow: $69,094

FF&E: $75,323

Inventory: $30,000

Inventory Inc. in Price: Yes

Square Feet: 2,400+/-

About the Business

Year Established: 1985

Employees: 3 nonunion.

Seller Financing: Yes

Business Description

Maintenance contracts and service-level agreements are the majority of revenues for this copier servicing business located in the greater Denver area! As the current owner has kept this business at around half-a-million in sales for personal preference, a more ambitious owner can really take this business to the next level with added marketing program or salesperson. This experienced seller has a wealth of knowledge to pass on as well. The company is a retailer and support provider of of copy machines and business printers including Canon, Lexmark, and other popular brands. The primary product lines consist of both new and refurbished Canon and Lexmark products, including printers, copiers, and more. The company is also capable of providing service calls and repair services to its customers on-demand. In 2019, the company’s total revenue was $428,915, with seller’s discretionary earnings of $69,094. Operating from a prime, retail based location, totaling nearly 2,400 square feet, the location is on a three year renewable lease. Since its inception, the company has focused on service contracts and repeat supply purchases through strategic market placement that provides a high percentage of referral business. With its wide range of printing and copying products, the marketing efforts have focused on targeting repeating business utilizing its website and customer referral program. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has opened many opportunities for new ownership to continue growth with minimal capital infusion. This is a greater opportunity for an industry buyer with existing operation, looking to enter the Denver area!