B2B Bank Equipment Sales and Service
Strong Cashflow

B2B Bank Equipment Sales and Service


 

 

 

 

 

 

Summary
This B2B product sales and service business has been providing equipment for regional and banks credit unions in Colorado and surrounding states since the early 2000s. They specialize in system design and installation based on client specifications and funding requirements. Numerous repeat clients, strong book of business.

Employees
3 FT technicians who work autonomously. One owner/manager.

Facilities
Supplies are stored at a leased facility in south Denver. The company’s technicians only visit the facility to pick up parts and supplies.

Financials
Asking Price: $1,200,000
Included in the Asking Price: Equipment and inventory worth $100,000
2017 Revenue: $820,000
2017 Cash Flow: $360,000

Market Outlook
Competition:
There are a couple similar sized businesses operating in the region. These companies don’t offer significant competition as their services have been considered sub-par for many years.

Growth and Expansion:  The outlook for this business is bright. Given the growing volume of projects incoming and the strengthening profits of financial institutions, the business anticipates strong demand for years to come.

About the Sale
The owner plans to retire and move out of state. He is willing to train the new owner for 30 days free and somewhat longer consulting capacity and/or project funnel if needed.

Send Me More Information about this Business

Crestone Business Group
Steve Coast, Owner | 6730 Grey Wolf Court | Colorado Springs, Colorado 80919
Direct Phone: (719) 799-6488 | Cell: (719) 330-4715
steve@crestonebusinessgroup.com | www.crestonebusinessgroup.com

All information contained herein provided by business owner, to be verified by buyer, and not warranted by Crestone Business Group.