Office Equipment Sales & Maintenance Business For Sale

San Diego County, CA

Seller Financing Available

Office Equipment Sales and Service
Sale Pending
Asking Price:$5,800,000
Inventory:$50,000
EBITDA:$1,754,789
Gross Revenue:$5,348,156
Rent:$13,074
Established Year:2002
BUSINESS DESCRIPTION

Profitable office equipment sales and maintenance company. In business since 2002, this company has an excellent reputation for customer service and community involvement. It’s one of the largest independent suppliers of office equipment in the region with a strong blue-chip list of local clients, including non-profits such as schools, hospitals, and government organizations. They are authorized dealers for Konica Minolta, Toshiba, KIP, and Brother and sell throughout San Diego, Riverside, Orange and Los Angeles Counties.

Revenues were over $8M prior to Covid but declined due to closures during the pandemic. The owners made the conscious decision to hire back and rebuild slowly, focusing on the largest accounts. They have seen steady growth over the last three years.

Approximately 50% of revenue is recurring from contracted service agreements. Equipment sales makes up most of the other revenue. They do not lease directly to customers, but instead has close partnerships with lenders for equipment leasing.

The company has received numerous awards including being voted one of the top 100 companies in the US.

The owner is ready to retire but will train and transition.


DETAILED INFORMATION
Location
San Diego County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
11,886
Employees
19
Facilities
The company is authorized to sell and service Konica Minolta, Toshiba, Brother, KIP, and IT Services in San Diego, Orange County and Riverside Counties. San Diego Location is headquartered in San Diego, California at It is in an industrial building located in the heart of a Business Park. The company is the sole occupant of the building. Property Highlights • The building is in great condition. • ±11,886 SF Building • ±37,462 SF of land
Financing
Potentially
Support & Training
Owner is willing to train buyer as needed.
Reason for Selling
Retiring
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Lamar
Rutherford
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Lamar Rutherford