$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