Canon Dealer in South Florida - for Sale

We represent the company listed below for sale:

Type of company:                Copier dealer

Product Lines:                      Canon

Products & Services:           Canon dealer – full line digital B&W & color copiers

Hewlett Packard authorized Premier Support Provider – printer & connectivity expertise

Business Class computers, servers and software

Locations:                              Headquartered in South Florida

Building owned by dealer owner

Marketplace:                        South Florida

Size of company:                  $2,200,000 revenue with recast $124,000 EBIT & $136,000 EBITDA in 2007

                                65% of revenue from after-market & 35% from equipment

17 employees

Customer base:                   2,314 machines under contract or serviced within prior 12 months, including:

1,112 copiers, 343 fax & 859 printers and other machines

Purchase price:                    Seeking $1.2 million for business

Seeking FMV lease or purchase of related party facility (Building appraised at $975k)

Deal structure:                     Asset purchase of S-Corp