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Business For Sale
PRINTER CARTRIDGE RE-MANUFACTURER - EST. 1987
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Asking Price: |
$150,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Home & Office Products
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Reason for Selling:
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Death of owner. |
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Year Established:
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1987 |
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# of Employees:
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2 |
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Yearly Cash Flow:
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$56,000 |
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Yearly Gross Income:
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$600,000 |
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Monthly Payroll:
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$4,500 |
Business for Sale Overview:
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. Owners are motivated by a quick sale and are willing to carry a significant potion of the purchase price. Make your offer!
Property Features and Assets:
4,500 sq. ft.; Rent = $2,100/month.
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.
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