Business For Sale

Shipping & Mail Equipment Leasing with 1K+ Clients

Not Disclosed, IN
Delaware County


Asking Price: Annual Revenue:
$1,190,000 $1,076,048

Services: Business & Office Services


Request More Information
Contact the Seller

RE: Shipping & Mail Equipment Leasing with 1K+ Clients Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,190,000 10% Buyer Down Payment: $119,000 10% Seller Financing: $119,000 80% Bank Loan: $952,000 A 10% down payment profits $164,308 in the first year after debt payments.

Quick Facts

Asking Price: $1,190,000
Annual Revenue: $1,076,048
Net Profit: Not Disclosed
Cash Flow: $341,058
Total Debt: Not Disclosed
FF&E: $12,956
Real Estate: Not Disclosed
Year Established: 2011
Employees: 6
BBN Listing #: 671234398
Broker Reference #: PRO028

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Boasting a client base of 1,000+, this mailing and document management systems B2B sales company has 800 – 900 machines across Indiana, 90% of which are leased. Selling to universities and corporate offices, clients can lease or purchase top-of-the-line mailing, addressing, shipping, and tracking systems (and more), and receive regular maintenance services from company techs. Located in central Indiana, great expansion exists in covering territory in Illinois, Ohio, and Kentucky.

On staff are 3 Territory Managers, 1 Service Tech, 1 IT Manager, and 1 Customer Service & Support specialist. The company is currently staffed up, but can still not meet the demand for territory expansion as has been requested. A buyer should consider hiring more sales and IT personnel to cover an increase in the client base.

The company’s best sellers are postage meters of all sizes. As equipment is leased, there is a sales cycle for when those contracts are up, but 80% of supply purchases are repeat business. The most popular lease is for 60 months.

Currently, there are 3 owners, 2 of whom have duties that can be absorbed by 1 person. The third owner is skilled in sales, and a buyer would be advised to keep that owner on staff for at least 1 year at his current salary, which has been accounted for in the Cash Flow.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Building: 1,400 square feet. Assets Included in Purchase: $87,129 Equipment: $12,956 (replacement value) of furniture, fixtures and office equipment Accounts Receivable: $74,173

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!