Established Provider of Currency Management Solutions

The company specializes in selling and servicing advanced cash counting systems designed to streamline financial operations for businesses. Their product offerings include self-service coin counters and currency discriminators, providing reliable and efficient solutions for handling cash. With an average order size of approximately $2,000, the company delivers high-value, cost-effective technology tailored to meet the needs of its clients. Operating consistently throughout the year, the business ensures uninterrupted support and service, maintaining a steady commitment to quality and customer satisfaction.

Top Things to Know About This Business

• Core Business Model: The company focuses on selling and servicing cash counting systems, meeting the needs of businesses for efficient currency management solutions.
• Efficient Operations: The business runs on well-defined systems and processes, ensuring smooth and streamlined daily operations
• Established Legacy: With over 35 years in operation since its founding in 1988, the company has built a strong reputation and industry presence.
• Consistent Revenue Streams: The business has averaged $273,000 in gross annual revenue over the past three years, demonstrating steady financial performance.
• Strong Profitability: In 2023, the company achieved over $57,000 in cash flow, reflecting its profitable operations.
• Healthy Margins: Cash flow margins have remained robust, exceeding 14.5% consistently over the past three years.
• Steady Year-Round Operations: The company operates smoothly throughout the year without any seasonal fluctuations, providing predictable performance.
• Skilled Workforce: A reliable team of two full-time and two part-time employees supports the business's daily operations.
• Comprehensive Transition Support: The current owner offers 30 days of free training to ensure a seamless transition for the new owner