$4MM EBITDA-Designer and manufacturer of proprietary ATM/ Bank Branch

North East

$4MM EBITDA-Designer and manufacturer of proprietary ATM/ Bank Branch
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $16,500,000

EBITDA: $4,000,000

FF&E: N/A

Inventory: N/A

Established: N/A

$4MM EBITDA-Designer and manufacturer of proprietary ATM/ Bank Branch

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Business Description

Offering the most advanced access control systems and technology-enabled, self-service kiosks, the Company serves clients in public and private sectors. The Company’s diversified portfolio of high-tech products enable clients to offer high-level security and enhanced convenience to their customers. The Company also provides on-site or remote integration with existing systems, configuration, installation, monitoring, repair and maintenance on all of its products. The Company has 170-190 active accounts at any given time. Resellers account for 45% of sales, while banking and financial services accounts for 43%. Export markets include Spain, England, China, Saudi Arabia, Qatar, Lebanon, Colombia and Mexico.

For 2019, two new products are ramping up for production with a planned launch in the first quarter. Additionally, several other products are in the design and prototype stages.

Management has forecasted 20% growth for 2019 as clients in the retail banking industry continue to standardize facilities and roll out hundreds of new mini-branches, café branches and tellerless service centers. Management is also seeing increasing demand for charging stations, and the Company also has a growing pipeline for Visitor Management Kiosks and specialty cameras.

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Matt Mahan

Business Listed By:
Lynne Oldale

Woodbridge Group, LLC

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