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Diagnostic Equipment & Service

Financials

Asking Price of Business: $1,750,000
Included in the Asking Price:

Furniture, Fixtures & Equipment: $300,000

Inventory: $50,000
Asking Price of Real Estate: $375,000
Cash Flow: $800,000

Cash Flow from Business: $800,000
Cash Flow Add-back from Real Estate if Purchased: $30,000

Annual Sales: $5,000,000

Summary Description

This established national diagnostic equipment sales and service company has multi-state offices. It specializes in commercial, industrial and residential diagnostic services and equipment sales. The company provides equipment and services for small businesses, government and state agencies, and Fortune 500 companies. The business is enjoying substantial sales growth. There are new growth avenues available as well as the potential for adding regional offices on the west coast.

General Information

Year Established: 1984
Employees: 8 FT / 6 PT

Facilities:

The business has multiple sales offices nationally. The home office is easily re-locatable. If a new owner wants to maintain the current location, the real estate is available for acquisition.

Market Outlook

Competition & Market

The company enjoys a strong and stable market position with excellent long term customer relations. Customer demand is up. There are new applications for the technology used by the company. The market opportunities and potential client base seem endless. There are prominent competitors, but this company is well positioned among them for continued expansion.

Growth & Expansion:

The company requires an owner or management with experience in growing and managing a national sales and service firm. There is an immediate need to open two regional sales offices and an overseas division. While the firm is experiencing very strong sales growth, there are still numerous opportunities for a new owner.

About the Sale

Financing:

Anticipated Bank on Business: $1,000,000
Anticipated Bank on Real Estate: $300,000
Inventory Purchase: $50,000
Working Capitol Needed: $200,000

Support/Training: Owner will provide transition training for a new owner.

Reason for Sale: Retirement

Contact Information

Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Email: Lee@MaineBusinessBrokers.com

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