Services - Computer & Software | Wholesale/Dist. - Durable Goods

$Seller Financing Available

Asking Price	$500,000	Inventory	$400,000+*
Gross Income	$2,639,000	Real Estate	$850,000**
Cash Flow	$87,000	Year Established	1977
FF&E	$50,000*	Employees	12

* included in the asking price

** not included in the asking price

Since 1977 the Company has served Greater Houston Businesses. 2007 revenues of $2,600,000 are estimated to be derived from: 35% Sale of new computers and components system (e.g. Dell and IBM); 25% sale of rebuilt, refurbished, or unsed computers and printers; 15% sale of new component parts, 15% sale of rebuilt or used components parts; 10% contract services and T&M service of both computer and printer systems. The Company buys in bulk discontinued printers and computers, salvages resaleable parts, and maintains a extensive inventory of these items. As an active member of several internet computer/printer parts exchanges, the inventory to sold to service and repair operations in Houston and nationally via phone, email, or will call. Further, the Company has advantage purchase arrangements with most manufacturers. Long time customers have credit terms (30 day net). However, most of the sales are purchased with credit cards giving company immediate cash flow. Prior to the owner semi-retiring, this Company was enormously profitable. Today, the owner is not involved in day-to-day operations, but continues to oversee the financial aspects of the business. He desires to move on to other interests by selling this Company. The Owner believes the idea purchaser would be sales and marketing focused, similar to the Owner's emphasis when he was active. The Owner believes the current financial performance of the business is not remotely reflective of the company's history or its future potential in the 4th largest US city. Contact: Milton Schopper 713-569-0001 or milton@yournxstep.com

Facilities: A/C 8,000 sf bldg on 23,000 sf land in NW Houston. Easy access to Houston freeway system. Lease, buy, or relocate to your facility. Facilities adequate to accommodate future growth.

Competition: The company maintains a vast inventory of printer, computer, and related new, used, salvage, and refurbished units and components parts. Repair services purchase via email, will call, and phone. Competes with local, regional, and national parts distributors.

Growth/Expansion: The Company lacks sales and marketing emphasis and direction. When owner was active, company's revenues were substantially greater than at the present time.

Seller Financing Available: Yes

Financing: Owner will finance with $300,000 cash down. Lease 8,000 sf bldg or purchase.

Support/Training: Owner is semi absentee (financial oversite) and wishes to focus on other interests and retirement. Operations staff will remain. Ideal for marketing/sales oriented purchaser with energy to grow business.

Reason Selling: Retirement and other interests.