Re-manufactured IT equipment Company with International Clients

Bedford, NS

Seller Financing Available

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Asking Price:$1,300,000
Gross Revenue:$412,000
EBITDA:$12,000
Established Year:2005
Cash Flow:$73,600
Inventory:$1,250,000
FF&E:$50,000
BUSINESS DESCRIPTION

International IT company

As an international leader in barcode scanner remanufacturing, this company offers a comprehensive suite of services including Honeywell equipment sales, service, rentals, leasing, and warranty solutions.

Averaging over $700,000.00 in annual sales and a Seller's Discretionary Earnings (SDE) average of $113,000/year, the company maintains an impressive inventory valued at approximately $1.25 million.

A member of the Atlantic Food & Beverage Association, the Canadian Tenders Association and the International Tenders Association allows this company to provide products to companies such as Coke, Pepsi, McCain's and allows it to compete on contracts in excess of 3,500,000.00. 

Customers receive barcode logistics equipment in peak working condition. The meticulous remanufacturing process involves replacing worn components like shells, cases, and screens, using exclusive access to original manufacturer specifications for disassembly, reassembly, and rigorous diagnostic testing.

An extensive inventory of components ensures swift repairs, surpassing industry turnaround times. Unlike refurbished or reconditioned products, remanufactured equipment is virtually as good as new, backed by an industry-leading one-year all perils warranty.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Warehouse style building. Over a million worth of assets (inventory) of bar code scanners and other computer equipment.
Competition
Operating in the growing remanufacturing and refurbishing industry, this company focuses on sustainability by remaking technology and reducing waste. Competing with major players like HP and Dell, the company differentiates itself through its early adoption of the circular economy, high-quality standards, rapid product delivery, and personal customer service. This commitment has earned global recognition, including the prestigious Going Global Business of the Year award in 2019.
Growth & Expansion
The number of companies in North America specializing in remanufacturing and refurbishing technology is significant and growing, encompassing a wide range of sectors such as aerospace, automotive, consumer products, and information technology. This industry includes both large firms and numerous smaller specialized companies, driven by the economic and environmental benefits of reducing waste and conserving resources. Increased awareness and regulatory measures supporting sustainable practices have further fueled this growth.
Financing
Owner financing amount: $727,000 with 2% interest over 60 month term.
Support & Training
Current owner is willing to stay behind and help training a new owner for up to 8 weeks.
Reason for Selling
Retiring
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Jamison
Bowser
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Jamison Bowser