Description of the business for sale
This 20-year-old business enjoyed $600,000 in 2007 revenues and is poised for future growth as more businesses and consumers turn to re-manufactured printer cartridges as an affordable and environmentally friendly alternative to high price new cartridges.
Niche Product
This business re-fills printer cartridge toner and inkjet cartridges by reusing empty ink and toner cartridges. Re-manufacturing used cartridges keep them out of landfills and saves about 50% compared to paying retail for a new cartridge. Consumers are increasingly conscious of the positive environmental impact of refilling while saving money.
Operations
This business is centrally located in an industrial park in Ventura County and enjoys below market rent - $2,100 for 4,500 square feet of office/warehouse space. One managing owner and two full-time employees currently run the business. Payroll is approximately $4,500 per month. Operating hours are Mon-Fri 8:00 am to 4:30 pm. The books and records have been meticulously kept over the years. Financial statements and tax returns easily verify the stated revenues and discretionary earnings.
Upside
The founder passed away recently and the current family members are unable to devote the time and attention required to take this business to the next level. The new owner can significantly increase revenues and profits by implementing a marketing plan and pursuing new distribution channels.
|
Support / Training provided by seller
Seller will provide training for 2 weeks at 20 hours/week.
|
|
Description of the facilities
4,500 sq. ft.
Rent = $2,100/month
|