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Colorado Business For Sale |
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| ELECTRONIC EQUIPMENT RE-MANUFACTURE SALES/SERVICE |
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| Attn: Bernie Bruner |
| Rocky Mountain Test Equipment |
| Centennial/Arapahoe, CO, USA |
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| Asking Price: |
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$1,200,000 USD USA Dollars |
| Business for Sale Industry: |
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Technology: Hardware |
| Reason for Selling: |
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retirement |
| Year Established: |
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1989 |
| # of Employees: |
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4 |
| Yearly Revenues: |
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$1,100,000 |
| Yearly Cash Flow: |
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$343,000 |
| Yearly EBITDA: |
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$231,600 |
| Yearly Net Profit: |
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$203,000 |
| Yearly Gross Income: |
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$1,100,000 |
| Monthly Payroll: |
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$30,000 |
| Total Debt: |
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$60,000 |
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Business for Sale Overview:
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Live the Colorado lifestyle!! Established in 1989, this high tech business sells to Engineers/Electronic Technicians in the Printed Circuit Board Assembly & Test field. This is NOT a retail walk-in business. First started as a used equipment broker, the firm evolved into a Full Service Stocking Dealer that buys/sells/refurbishes pre-owned Test Equipment and parts. Long-term Employees in place will enable the new Owner to continue operating a profitable, well respected business. Although helpful, owner does not need Engineering or Electronic background. Solid management and/or strong common sense is needed, along with sales communications skills. A possible OWC note with large down. Principals only, please. www.RMTE.net
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Property Features and Assets:
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Located 30 min from Denver Int'l. Airport & only 1 hr to Rocky Mountain recreation destinations ! Business resides in a South Denver suburb. 8,000 sq. ft. building is owned on approx 1.5 Acres. Facility is only 7 yrs old & land allows for expansion up to a total of 12,000 sq. ft. It has 1 loading dock, 1 drive up bay & 4 offices. Building may be leased or sold. A portion of the warehouse is set up for the Bench Technician, who repairs in-house equipment & Customer's parts. Two inside Salesmen understand the Products & Services. A well developed Customer Data Base allows the Sales Staff to market via phone and email contacts. S-Corp business. www.rmte.net |
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Market Competition and Expansion:
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There are only a few other major competitors within the U.S. that maintain an inventory of Automated Electronic Test Equipment for printed circuit board assemblies. A logical step towards increased revenue would be to offer repair & maintenance contracts at the Customer's facility. This on-site service could easily generate 2-3 times the current sales income.
When reviewing financial info below, please be aware that the S-Corp does not pay income taxes or take an expense on the building depreciation. The Business pays rent to my LLC that owns the building. This fact results in lower EBITDA & Cash Flow amounts. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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