Office Equipment Manufacturing Business

Not Disclosed, NY

New York State Corporation

Asking Price: Annual Revenue:
$949,200 $1,550,373

Manufacturing: Electronics & Technology

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RE: Office Equipment Manufacturing Business Broker: Stephen DiPaolo

Quick Facts

Asking Price: $949,200
Annual Revenue: $1,550,373
Net Profit: Not Disclosed
Cash Flow: $313,074
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1973
Employees: Not Disclosed
BBN Listing #: 432035131
Broker Reference #: WSD24.295

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Business Overview:

• An Office Equipment Manufacturing Business and Product Line in New York State is for sale. This business is an independent New York State Corporation owned by a State of Ohio Corporation as one of its divisions.
• This business has been closed since April 2020 due to the Covid-19 lock down as a non-essential business, and the majority of its customers withholding orders under the same circumstances, but it is all set to resume operations and the need for their products is back in high demand.
• The former General Manager of operations is available to be employed by the Buyer Of this Business
• This brand of USA Made equipment has been in existence for over 50 years and is considered the “Cadillac” of the office equipment products they manufacture.
• Its products are used by schools, colleges, government, military, medical, print/copy shops, offices, office supply stores, and many other industries.

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Property Features and Assets:

A stand-alone 17,216 square foot facility on 2.74 acres of land. The buyer of this business has the option to purchase the real estate for $480,000, or obtain a lease agreement for the facility; or relocate the business into their owner facility.

Market Competition and Expansion:

A great opportunity for an existing office equipment manufacturer or metal machine or fabrication business to add or have their own product line.

Reason for Selling:

Concentrate on other business.

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.

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