Sales of printer cartridges & printer service-repa

Colorado Springs, CO
El Paso County

Asking Price: Annual Revenue:
$148,900 $396,313

Retail: Office Products & Supply

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RE: Sales of printer cartridges & printer service-repa Broker: Larry Blevins
License #: 948365
Owner Financing is Available!
Prefer cash but will consider some owner financing to a qualified buyer.

Quick Facts

Asking Price: $148,900
Annual Revenue: $396,313
Net Profit: Not Disclosed
Cash Flow: $56,208
Total Debt: Not Disclosed
FF&E: $39,702
Real Estate: Not Disclosed
Year Established: 1992
Employees: 3
BBN Listing #: 8821386
Broker Reference #: CB-0854

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Business Overview:

Colorado Springs, Colorado

This well-established and well-known printer cartridge sales & printer company is located in Colorado Springs, Colorado. They provide OEM and remanufactured ink and toner cartridges to banks, credit unions, businesses, schools, non-profits, and walk-in customers throughout the area including the largest credit union in the state of Colorado. They also service and repair all types of printers. They have considered starting a managed-print/managed services program for business owners but due to the time involved, the current owner has decided to leave this to the new owner who can reap the rewards of this type program. They belong to a buyers group and purchase from the largest cartridge remanufacturer in the world which is based in Chicago.

The owner founded the company in 1992 for the purpose of collecting and installing new inked nylon in the dot matrix and Line-Printer ribbons. The company had customers such as Sears, Safeway, Target, and many banks and accounting firms. In 1994, the company began remanufacturing and filling inkjet printer cartridges and selling remanufactured toner cartridges to its customers. In 1999, the company moved from warehouse space and opened a retail store where business flourished.

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Property Features and Assets:

Inventory included $29,493

Market Competition and Expansion:

The current owner says that this business is poised to grow substantially in the next few years. He does state that while sales have decreased during the past three years, he states that the reason is that he just has not, because of other business interests, had the time to put into the business that it requires. He says that if the new owner could get out into the community and perhaps add a new sales person and could also add managed print/services, revenues could increase substantially and not only that but would produce a regular stream of revenue on a monthly basis. He says that with the right kind of person, sales could skyrocket to new high levels.

Reason for Selling:

Divesting so he can concentrate on his other busin

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.

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