- Advert ID: 674510
NYC Metro Market Point Of Sale Service Provider For Sale
- Location:
-
- United States
- > North East
- > New York
- > New York City
- > NYC Metro
- Category:
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Summary
- Asking price:
- $975,000
- Sales revenue:
- $1,350,000
- Net profit:
- $250,000
- Years established:
- 23
- Employees:
- 10
- Relocatable:
- This business can be relocated.
Business description
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.
Property information
- Real Estate:
- Lease
- Location:
- This business does not have a retail presense. They serve the NYC Metro area so, if desired, it could be relocated anywhere within that area. They are currently in Westchester County.
Other information
- Expansion potential:
- Since they serve the restaurant community in the metro NY area, the market is very large and grows all the time.
- Competition / Market:
- The company is ranked #1 nationally for the product they represent and operate in the NYC Metro market so the prospects are unlimited.
- Support & training:
- Seller will stay for an extended time to ensure a successful transition
- Reasons for selling:
- After 23 years of success, the seller wants more time with family
- Financing available:
- seller will consider all serious offers.
- Inventory / Stock value:
- $25,000
Contact the seller
need to search again?
- United States
- > North East
- > New York
- > New York City
- > NYC Metro
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