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Asking Price:	$150,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Machinery
Reason for Selling:	Retirement.
Year Established:	1991
Yearly Revenues:	$158,000
Yearly EBITDA:	$46,000

Business for Sale Overview:

This is a long established sales and service company whose clients include small newspapers, printers and direct mailers. The owner, and sole employee, has developed a client base of over 300 customers primarily in the states of Arkansas and Texas. He sells and services equipment such as machines which bundle and tie newspapers, shrink, wrap machines, strapping machines, chopping machine for scrap steel and plastic, can and glass crusher and shredders, and bagging and sealing machines. His vendors include the best-known brands in the business. His manufacturers provide financing to his clients for much of the equipment. Equipment and parts sales represent about 75 percent of the revenue, while repair billings are about 25 percent. Reason for sale is retirement. The upside for a young, energetic, customer-oriented person is significant.

Property Features and Assets:

Warehouse-type space. Office and reception area in the front. Storage for equipment and inventory in the rear.

Market Competition and Expansion:

Satellite offices of major equipment manufacturers. Edge for C.R.A.T.E.S. is its ability to offer personal service at a lower price per hour than major competitors. Seller states that potential sales increase of at least 50 percent without adding an employee. With the addition of a technical service employee revenue could double.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.