Distributor & Installer of High Technology Office Equipment

TX

Distributor & Installer of High Technology Office Equipment
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,100,000

EBITDA: $200,000

FF&E: N/A

Inventory: N/A

Established: N/A

Distributor & Installer of High Technology Office Equipment

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Business Description

The Company focuses on offering a variety of shredding solutions for paper, cardboard, packaging, paper handling, and data destruction for governments, military, corporate institutions, financial institutions, and other commercial markets. In 2018, revenue was generated through the following channels: Cardboard Shredders & Parts (31%), Paper Shredders (28%), Replacement Parts (8%), IT Products & Degaussers (7%), Paper Cutters (6%), Knives (5%), Office Equip. & Paper Folders (5%), and Other Products (10%).

Detailed Information

Competition:
Exclusive Distributor Relationship: The Company has been the exclusive North American vendor of a premium cardboard shredder since 2007, which are the best selling cardboard shredders in the world. ? GSA Office Products Schedule 75 Contractor: The Company is a GSA Schedule 75-200 contractor, which allows for partnerships with companies like Lockheed Martin, General Dynamics and other defense con-tractors to sell high security destruction equipment to the Federal Government. The Company is in the third year of a 5 year contract, with the option to renew for an additional 5 years.
Growth & Expansion:
Industry Partner with the NSA: The Company is an Industry Partner of the National Security Agency Central Security Service and has had a Memorandum of Understanding with the NSA. ? Strong Historical Sales Growth: The Company has experienced strong revenue growth during the historical period. Historical sales have grown in the historical period from approximately $1,616,000 in 2016 to $1,893,000 in 2018, representing a compound annual growth rate of 8.2%.
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Gary Milleson

Business Listed By:
Gary Milleson

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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