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RE:  Specialty Educational Equipment & Accessories Contact:  Pete Healey
Owner Financing is Available!
Depends upon other terms of the offer.

Quick Facts

Asking Price: $0
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 78118881
Broker Reference #: 489

Email or Print Listing

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Business Overview:

'The Company offers a full line of innovative, easy-to-use technology products that engage today’s tech-savvy students with a hands-on approach to learning science, technology, engineering, and mathematics. Its products such as digital microscopes, dataloggers, sensors, and document cameras are easy to learn, simple to use, and inspire curiosity in students, making learning fun. The primary customer targets are K-12 school districts, and the Business has customers throughout the US with an active database of over 400 customers.
The Company’s revenue and profitability grew steadily prior to 2019 when a string of unfortunate events befell the Company. In the first quarter of 2019, the owner broke his hand severely and was unable to work for three months. In the first quarter of 2020, he suffered a heart attack and was unable to work for another three or more months, then in the first quarter of 2021, he got a severe case of Covid and died. The Business is now run by his widow who had no prior involvement in the Business, managing it from her home. Sales have been holding steady in the $250,000 range yet profit and operating margins remain strong, in excess of 60% and 50%, respectively.'

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Reason for Selling:

Retirement

Additional Details:

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

Documents:

Relevant Links:

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