Description of the business for sale
PRICING POINT TO CLARIFY: The design of this website does not allow us to post this detail. THIS IS AN ASSET SALE WITH 3 COMPONENTS: (A) ASSUMPTION OF DEBT NET OF ASSETS INCLUDING REPLACEMENT OF PERSONAL GUARANTEES BY CURRENT OWNERS, AND (B) $250,000 AT CLOSING, AND (C) AN "EARNOUT", THE AMOUNT AND TERMS AND CONDITIONS TBD. HAVING CLARIFIED THAT SUBJECT, this is a great opportunity for a Buyer who wants to add $5 million in revenue,located in the Greater Washington DC Area (which includes No. Virginia, So. Maryland and DC). The company is a VAR of storage media, storage devices, computer products and supplies, and information technology (IT) security and environmental monitoring and management products. The IT security and environmental monitoring and management products was introduced in 2003 and generated $1.3 million in new revenue in its first 12 months.The company has the right products, at the right time, and is located in the right geography (DC) to grow even more in light of Homeland Security and other Federal Government purchasing. The company has its own GSA schedule and is a authorized Government Solutions Provider. With a client base of approx, 2,600, of which 1,400 have been active within the last 2 years, this is a great opportunity for some one who wants to increase their government business and/or establish a presence in one of the fastest growing markets in the country.
The Opportunity: The Opportunity is that now with the cost savings and restructuring in effect, and with a synergistic merger with someone who can and will provide access to capital, there are outstanding opportunities for the right Buyer. These Opportunities for growth include, but are not limited to:
1- Expand GSA Schedule
2- Additional marketing of the GSA Schedule
3- Additional marketing to government and commercial customers and prospects
4- Opportunity for larger scale contracts
5- Refresh and expand the web site as part of an overall Ecommerce strategy and offering
Description of the facilities
Furniture, fixtures, and equipment = 10766
Furniture, fixtures, and equipment included: Y