Owner Financing is Available
Business Overview:
This company's business is to purchase information technology (IT) equipment from Fortune 1000 companies that either no longer need it or are upgrading their IT nfrastructure. Their business is predicated on the
fact that this equipment has a significant resale value in a reconditioned state. They focus on liquidating networking, computer and telecommunications equipment from manufacturers such as Cisco, Juniper, EMC, HP, IBM, Lucent, Nortel, Sun, 3Com and others. The firm makes it easy for clients because they are a "one stop" shop liquidator.
They handle all logistics for removing, re-selling and if necessary recycling the gear and comply with all government regulations in doing so. They either own or lease their warehouse space from which they inventory and re-condition purchased equipment. Most of the firm's competitors don't offer this level of service. In its fourteen years of existence, the company has carved out a very profitable niche in this segment of the asset resale business and have many repeat clients and well established resale channels.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Our client operates out of two buildings they own in CT that combined are 10,435/SF, they own and rent out an adjacent building that is 5,414/SF. In addition, they rent and use another 10,000/SF of warehouse space just down the road.
Market Competition and Expansion:
Companies sell their high value IT equipment to our client to receive a check, rather than hiring one of the many services out there that charge a fee to handle the equipment and take a commission out of whatever sales they get. Usually the corporate IT department wants a quick sale and a check in hand rather than waiting months for a rehab and remarketing of their equipment. Our client provides dealers, resellers, computer volume buyers and sellers an online marketplace to buy, sell, and trade excess computer and network assets worldwide. Their customers are usually MIS managers, IT, CEO s, CFO s or directors looking to dispose of surplus computer,
network or telecom equipment. The market could be further tapped with some focused promotion.
Reason for Selling:
Owner wishes to cash out
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.