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Reduced E-commerce Video Conferencing For Sale

San Francisco Bay Area, California - North
Asking Price:
$1,100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,245,794
Cash Flow:
$389,485

This company is a highly reputable e-commerce videoconferencing company founded in 2001 by its current owner. With sales of new and used equipment comprising the bread and butter of this company, it also holds the title for being the only videoconferencing company that specializes in system rentals. The company’s highly skilled team of technicians will design your rental system, package all of the components, and then ship your videoconferencing solutions to your location(s) overnight for daily, weekly, monthly use or longer.

The company also offers its customers high quality post-sales support and technical service. Many of the systems supported come with an automatic One Year Warranty, others come with a 90 Day automatic Warranty. In addition, the company allows for extending these warranties through additional add-ons or by adding vendor specific warranties.

In addition to providing new and re-furbished equipment, rental equipment, and system designs the company will also work with their customers in upgrading their existing equipment through a trade-in service.

Property information

Real Estate:

Lease

Lease Terms:

The current monthly rent is $7,500

Location:

The office and warehouse is on a busy street in San Rafael, CA.

Premises Details:

2,900 sq. ft. warehouse floor to hold all of its equipment and components in San Rafael. Since the business is e-commerce the company does not market via retail store outlets.

Business Operation

Expansion Potential:

A growth opportunity for a new owner would be to expand technical training program to include more infrastructure knowledge for the technicians. Infrastructure is a much deeper and more technical understanding of devices that improve communications.

The business is highly scalable, and relocatable. The market is growing and highly profitable.

Competition / Market:

There are 3 main competitors for this company, all of them eCommerce and providing refurbished equipment. They do not, however, provide the ability to Trade-in your old equipment for newer, more current produts as this business does.

Reasons for selling:

Owner is a professional muscian and wants to focus on that career.

Trading hours:

Monday through Friday, 9:00a-5:30p.

Employees:
2FT (plus FT-working Owner)
Years established:
14

Other Information

Support & training:

The current Owner will provide a reasonable training period included in the purchase price to ensure an orderly transfer of possession. Any telephone consultation or extended training (beyond 2 weeks) will need to be negotiated.

Financing available:

Negotiable.

Furniture / Fixtures value:
$62,500 - included in the asking price
Inventory / Stock value:
$532,500 - included in the asking price
Relocatable:
This business can be relocated.

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