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Pos Technology Provider- Over $600k In Income! For Sale

Rockland County, New York, US
Asking Price:
$2,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,030,952
Cash Flow:
$658,292

This business specializes in selling POS and transaction processing services to the hospitality industry. They are a certified reseller working with the best products on the market.

The customer list is strong, with monthly residual income. Great margins and perfect for both operators and investors with a management team. The POS terminal market revenue totaled ~US$ 68.2 Billion in 2021.

The POS terminal market is expected to reach ~US$ 180.4 Billion by 2032, growing at a CAGR of 9.4% from 2022 to 2032. POS systems contribute nearly 40% of sales in the global payments industry.

Property Information

Real Estate:

Lease

Premises Details:

Business can be relocated or worked remotely so does not require a large office and warehouse space.

Business Operation

Expansion Potential:

With sales and marketing, the business will continue to grow exponentially. Their are also new products and services to add which will lead to expansion.

Competition / Market:

Very strong competition but this company's competitive advantage is hands-on service and the fact they are a pioneer in the merchant services industry. Plus, they are a certified reseller with agreements in place for many years now.

Reasons for selling:

The ownership has decided to retire after a very successful run building this Point-Of-Sale service provider.

Trading hours:

Monday-Sunday 24 hr. Support

Employees:
4 FT/2 PT
Years established:
25

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$88,664 - included in the asking price
Inventory / Stock value:
$19,768 - included in the asking price
Relocatable:
This business can be relocated.