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Stability You Need + Visible Growth

Maine (Cumberland County)

Services - Other Miscellaneous services | Internet - Business Services (B2B)

Asking Price $1,175,000 Inventory $80,000** 
Gross Income $1,150,000 Real Estate  
Cash Flow $345,790 Year Established N/A
FF&E $75,000* Employees 8ft 1 pt

* included in the asking price

** not included in the asking price

Profits from Recurring Revenue alone will cover debt service!

Now more than ever, buyers and banks are focused on the stability of a Company s earnings, and its power to grow those earnings. This well-established company is about to enter into its next growth phase. Already in hand: 1. Customer base of over 1,500 accounts. These include municipalities, health care providers, multi-location franchises and many other recession-resistant industries. 2. Monthly recurring revenue well over $20,000, and the profits alone from these recurring revenues will cover the debt service. This annuity-like stream comes like clockwork every month from well established accounts. The owner is not worried about bad debt or late payments! 3. Minimal capital expense and working capital requirements. 4. Owner will stay with the Company in a sales position as you take over GM duties and manage growth. If this seems like one of those too good to be true opportunities, keep reading. The current owner sees a trend in the business that will provide growth in two directions. He is a rare individual who freely admits that he is burnt out of being an owner , but will gladly stay in a sales role where he can drive success for a new owner while doing well for himself. This is about finding the right fit : a buyer with an IT background and demonstrated experience managing growth will find their perfect match. We ve spoken with multiple bankers who have expressed interest in financing this sound business, but the buyer will need a significant equity down payment (suggested at $375,000+).

Facilities: Located just off I-95 with very favorable lease terms.

Competition: There is no company in Maine or NH that offers the same array of products and services as this Company.

Growth/Expansion: Recurring revenue has shown double-digit growth for each of the past three years. Our client believes this can be doubled in five years with proper focus and he s willing to take a commission-based compensation plan to prove it.

Support/Training: Current owner will stay with Company.

Reason Selling: Personal

Business listed by

Heidi French

Country Business, Inc.


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