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Asking Price:	$1,200,000 USD USA Dollars
Business for Sale Industry:	Technology: Hardware
Reason for Selling:	retirement
Year Established:	1989
# of Employees:	4
Yearly Revenues:	$1,100,000
Yearly Cash Flow:	$343,000
Yearly EBITDA:	$231,600
Yearly Net Profit:	$203,000
Yearly Gross Income:	$1,100,000
Monthly Payroll:	$30,000
Total Debt:	$50,000

Business for Sale Overview:

Live the Colorado lifestyle!! Established in 1989, this high tech business sells to Engineers/Electronic Technicians in the Printed Circuit Board Assembly & Test field. This is NOT a retail walk-in business. First started as a used equipment broker, the firm evolved into a Full Service Stocking Dealer that buys/sells/refurbishes pre-owned Test Equipment and parts. Long-term Employees in place will enable the new Owner to continue operating a profitable, well known & respected business. Although helpful, owner does not need Engineering or Electronic background. Solid management or strong common sense is needed, along with sales communications skills. A possible OWC note with large down. Owner will train Buyer 6 to 12 months. Principals only, please.

Property Features and Assets:

Located 30 min from Denver Int'l. Airport & only 1 hr to Rocky Mountain recreation destinations ! Facility is 8,000 sq. ft. on approx 1.5 Acres & is 8 yrs old. Land allows expansion up to 12,000 sq. ft. There is 1 loading dock, 1 drive up bay & 4 offices. Building available for sale but not including in asking price. A full time Electronic Bench Technician repairs inventory for sale & Customer's parts. Two inside Salesmen know the Products & Services. Customer Data Base allows marketing via phone, email & Ebay store. S-Corp business. www.rmte.net

Market Competition and Expansion:

There are only a few other major competitors within the U.S. that maintain an inventory of Automated Electronic Test Equipment for printed circuit board assemblies. A logical step towards increased revenue would be to offer repair & maintenance contracts at the Customer's facility. This on-site service could easily generate 2-3 times the current sales income. When reviewing financial info below, please note that the S-Corp does not pay income taxes or take an expense on the building depreciation. The Business pays rent to my LLC that owns the building. This fact results in lower EBITDA & Cash Flow amounts. www.rmte.net

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.