Description of the business for sale
This successful office products dealer has weathered the economic storm of Silicon Valley, and emerged as a profitable and stable company. Primary product is digital copiers. Sales-80% used, 20% new are made through a third party lessor resulting in an outright sale to company. 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.
Current sales are made primarily thru renewals and long standing customer relationships, but new business opportunities abound. Exceptional business for talented sales person.
Reason for sale:retirement
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Support / Training provided by seller
Initial 30 days included in purchase price. Time thereafter by mutual agreement with the current owner-up to one year.
Current staff is a major selling feature of this business, as they are well qualified, have been informed of the pending sale of the business, and wish to continue under new management.
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Description of the facilities
3,000 sq foot warehouse w/1,000 sq ft office...rent would be $7,000 month gross industial.
$200,000 in inventory is included in the sales price.
Owner will carry a note(with a down payment of 200,000) for the balance for up to five years. Rate and terms are negotiable.
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