Point Of Sale Service Provider
Location: United States -> New York -> New York City Area -> New York City
Industry: Professional Services > Consulting
Businesses for sale Summary
A leader in providing Point of Sale solutions, this company is ranked #1 nationally for the product they represent. They provide and maintain complete customized solutions for POS and back office to help their operate smoothly. They operate in the NYC metro area. The initial sale typically has a 100% markup over cost, and revenue can continue with service contracts that bring in 10% of the original sale price annually. Cash flow is roughly 1/3 of revenue which has been stable at over $1,200,000 for many years. Please inquire for details. The office has 1,200 square feet of space to accommodate the staff and supporting equipment. The business can be relocated as they do not have a retail presence.
Competition: The company is ranked #1 nationally for the product they represent and operate in the NYC Metro market so the prospects are unlimited.
Growth and Expansion: Since they serve the restaurant community in the metro NY area, the market is very large and grows all the time.
Support/Training: Seller will stay for an extended time to ensure a successful transition.
Reason Selling: After 23 years of success, the seller wants more time with family.
Year Established: 1985.
Employees: 10.
Contact for more information on this Point Of Sale Service Provider company for sale.
Financials
Asking Price Range: $1.0M – $2.5M
Gross Revenues: $1,250,000
Cash Flow: $250,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $25,000
Seller Financing: Yes
About The Business
Year Established: 1985
Number of Employees: 10 – 19
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will stay for an extended time to ensure a successful transition.
Reason For Selling: After 23 years of success, the seller wants more time with family.
