Asking Price: $110,000
| Gross Revenue | $437,000 | Established | 1988 |
|---|---|---|---|
| Adjusted SDE | $128,000 | Employees | 3 |
| Working Capital | $10,000 | Location | Bexar County, TX |
The company specializes in selling and servicing advanced cash counting systems designed to streamline financial operations for businesses. Their product offerings include self-service coin counters and currency discriminators, providing reliable and efficient solutions for handling cash. With an average order size of approximately $2,000, the company delivers high-value, cost-effective technology tailored to meet the needs of its clients. Operating consistently throughout the year, the business ensures uninterrupted support and service, maintaining a steady commitment to quality and customer satisfaction.
Top Things to Know About the Business:
- Core Business Model: The company focuses on selling and servicing cash counting systems, meeting the needs of businesses for efficient currency management solutions.
- Efficient Operations: The business runs on well-defined systems and processes, ensuring smooth and streamlined daily operations
- Established Legacy: With over 35 years in operation since its founding in 1988, the company has built a strong reputation and industry presence.
- Consistent Revenue Streams: The business has averaged $273,000 in gross annual revenue over the past three years, demonstrating steady financial performance.
- Strong Profitability: In 2023, the company achieved over $57,000 in cash flow, reflecting its profitable operations.
- Healthy Margins: Cash flow margins have remained robust, exceeding 14.5% consistently over the past three years.
- Steady Year-Round Operations: The company operates smoothly throughout the year without any seasonal fluctuations, providing predictable performance.
- Skilled Workforce: A reliable team of two full-time and two part-time employees supports the business's daily operations.
- Comprehensive Transition Support: The current owner offers 30 days of free training to ensure a seamless transition for the new owner
Financing Details:
- Although it is not preferred, the owner is willing to hold a portion of the purchase price in a Seller's Note.
Support and Training:
- The Owner genuinely desires an effective business transition. They will train a buyer for 30 days without charge. The Owner will stay on for one year with appropriate compensation.
Reason for Sale:
- The Owner is looking to retire
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