Looking for a thriving business opportunity in Maryland? Here’s a chance to own an established office equipment dealership that primarily serves a broad 75-mile radius encompassing regions of Northwest MD, Northeast WV, and Southwest PA.
This dealership offers a diverse range of products and services from leading industry vendors.
- Extensive Product Portfolio: This business deals in Toshiba office equipment, products from a renowned office supplies conglomerate (akin to Staples), HON furniture, and other prominent vendors.
- Impressive Financials:
- FY 2023: The business boasts a revenue of $3,131,000 with a recast EBIT/EBITDA of $177,000. The revenue breakdown includes:
- Office equipment, services & supplies: $1,402,000
- Office supplies & copy paper: $695,000
- Jan/San supplies: $210,000
- Furniture: $824,000
- FY 2022: The revenue for this year was $3,232,000, with a recast EBIT/EBITDA of $163,000.
- Asset Management: This dealer stands out with excellent asset management, demonstrated by its low DSO, high inventory turns, and being entirely debt-free. Moreover, it has 732 copies under contract.
- Dedicated Team: The business is powered by a team of 15 dedicated employees, which includes 6 in sales, 4 in service, and 5 in administration.
- Facility Details: The property spans an impressive 23,400 square feet, divided into 19,600 square feet of office space and 3,600 square feet dedicated to warehousing. This facility is available for either lease or purchase.
- Additional Opportunities for Acquirers: An additional $199,000 add-back opportunity is available for acquirers with existing real estate. Plus, there’s a ripe opportunity to delve into IT Managed Services.
- Asking Price: The business is up for grabs at a negotiable and fair price range of $900,000 to $950,000.
For those seriously considering this opportunity, this office equipment dealer has built a commendable reputation over the years, backed by its strong financial performance, wide service radius, and affiliations with major industry players.
For more details and a deeper insight into this business opportunity, potential buyers are encouraged to get in touch.
Email firstname.lastname@example.org for more information.
SOURCE Industry Analysts Inc.