$1.7 million Canon Dealer in Virginia & Maryland - for Sale

 

PRICED TO SELL

 

We represent the company listed below for sale:

 

Type of company:               Copier dealer

 

Product Line:                       Canon - full line of digital copiers, fax, printers & multi-functional products

 

Locations:                             Headquartered in Chantilly, VA with a branch office in Lexington Park, MD

 

Marketplace:                       Northern Virginia, Maryland and Washington D. C. marketplace

In and around Washington Beltway area: Rockville, Silver Spring, Waldorf, Greenbelt,

Arlington, Alexandria, Fairfax, Springfield, Vienna, Sterling, Leesburg, Reston & Herndon

 

Size of company:                 $1,735,000 revenue with $359,000 EBIT & $372,000 recast EBITDA in 2008

$1.1 million of annual services & supplies after-market revenue

 

Employees:                           8 employees including 1 sales, 4 service and 3 administrative personnel

 

Customer base:                   475 copiers, 200 fax & 200 printers under contract, plus additional T&M

 

Purchase price:                    Owner will accept best offer

Buyer will acquire all tangible & intangible assets in return for assumption of trade liabilities & debt

 

Deal structure:                     Asset purchase of S-Corp

 

Reason for selling:               Owner is an absentee owner who wants to focus on real estate development company