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Well Established Tech Business (currently under sales contract)

Raleigh, NC

Seller Financing Available

listing image
Asking Price:$245,000
Gross Revenue:$920,125
Rent:$2,172/Month
FF&E:$7,000
Cash Flow:$210,000
Inventory:$35,000
EBITDA:$245,000
Established Year:1982
Listing ID: 2281794Listing provided by BizBuySell
BUSINESS DESCRIPTION

Here's what we have to offer:

Forty plus year old business in the technology sector. Currently supplying custom equipment for medical, entertainment and general business.

Current model is B2B with opportunity to expand. We have long standing relationships with our customers. We sell them equipment and do not do managed services.

We have averaged $245,000 profit over the last 3 years.

Buyer will not be required to have in-depth technical knowledge.

We will ask for proof of Funds, NDA, and will not accept SBA loans. No Brokers Please

ATTACHED DOCUMENTS
Business_Docs.pdf.pdf Download
DETAILED INFORMATION
Location
Raleigh, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
31/10/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E included in price. Lease has options for extensions.
Competition
We are a unique business and the only one in our area that does what we do.
Growth & Expansion
Good growth opportunity as current owners have not pursued this.
Financing
Owner financing up to 50% with well qualified buyer.
Support & Training
30 days onsite training followed up with 3 months phone support.
Reason for Selling
Retirement
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Robert Menard
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Robert Menard
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