Packaging Equipment Sales & Service For Sale

Business description

This is a long established sales and service company whose clients include small newspapers, printers and direct mailers. The owner, and sole employee, has devloped a client base of over 300 customers primarily in the states of Arkansas and Texas. He sells and serivces equipment such as machines which bundle and tie newspapers, shrink, wrap machines, strapping machines, chopping machine for scrap steel and plastic, can and glass crusher and shredders, and bagging and sealing machines. His vendors include the best-known brands in the business. His manufacturers provide financing to his clients for much of the equipment. Equipment and parts sales represent about 75 percent of the revenue, while repair billings are about 25 percent. Reason for sale is retirement. The upside for a young, energentic, customer-oreiented person is sigificant.

Property information

Real Estate:

Lease

Lease terms:

600 sq.ft. @ $473/mo. Lease renewable each February. Warehouse-type space. Office and reception area in the front. Storage for equipment and inventory in the rear.

Other information

Expansion potential:

Seller states that potential sales increase of at least 50 percent without adding an employee. With the addition of a technical service employee revenue could double.

Competition / Market:

Satellite offices of majpr equipment mfgs. Edge for C.R.A.T.E.S. is its ability to offer personal service at a lower price per hour than major competitors.

Support & training:

Seller will train and introduce buyer to clients for a four week transition period withoug additional compensation. Seller is available after that period on a negotiated basis.

Reasons for selling:

Retirement

Furniture / Fixtures value:

$8,000 (included in the asking price)

Inventory / Stock value:

$10,500 (included in the asking price)