Description About This Posting: Electronic Test Equipment Sales Service
Located in the vicinity of the Santa Rosa/Napa region for over 23 years, this business is the premiere source for new and used electronic test equipment in California, with over 8,000 new and refurbished instruments in stock, as well as the best rates on rental equipment and trade-ins in the industry.
The asking price is $499,000, plus inventory (at a cost to be negotiated); see details below. The annual gross revenues are projected to be $1,100,000 for 2019, Seller's Discretionary Earnings ('SDE') expected to be $384,000 in 2019. Some seller financing may be available. The business will support semi-absentee or remote ownership.
This profitable company buys, sells, services, and refurbishes test equipment. They have many government contracts for service and purchases, as well as hundreds of commercial customers worldwide.
In addition to being a leading provider of new and used equipment from Agilent, Tektronix, Fluke, Advantest, and Anritsu, the business offers fast and efficient test and calibration services at competitive prices.
The business has an excellent reputation for over 23 years of repairing, reconditioning, and calibrating electronic test equipment of all types. Calibrations are traceable to NIST and ISO standards. Their technicians have decades of experience. It's like getting test equipment repaired by the OEM at a fraction of the cost.
They repair and calibrate products from all the major manufacturers of test equipment. Products for sale or rental include: Analyzers Spectrum, Network, and more; Oscilloscopes Digital, Analog, and more; Meters Power, Frequency, Resistance, and more; Generators Signal, Noise, Pulse, and more; Power Sources AC & DC; Digital Communications Equipment; Probes; Optical Equipment; Motors and much more.
Sales are made using various channels directly and through re-sellers, such as Ebay and other Internet venues and through a very active government bid/contract process. Many related products and services could be added to grow sales and profits. Gross sales revenue in 2018 was $1,054,623, with net operating income of $107,000, and total seller's discretionary earnings (SDE) for the owner-operator of $282,000+. Sales for 2019 are projected at $1.1million with a projected SDE of $384,000. Complete historical financial data will be available to a serious buyer upon submitting an NDA and talking with the broker.
The owner will stay as long as needed for a smooth, hassle-free transition, with duration of that time open to negotiation. The business will support semi-absentee or remote ownership.
The business is operated from a 12,000 sq. ft, building with office, lab, and warehouse space. The new owner can take over the facility lease or relocate, at their option.
The Transaction: The business is offered for total asking price of $499,000 (approximately 45% of projected annual sales / 1.3x projected SDE). This is for the entire business tangible assets, e.g., equipment, machinery, furniture, fixtures, etc.; and intangible assets, e.g., website, trademark, logo, trade name, telephone number, methods of operation, vendor/supplier resources, customer lists, etc.; and good will. It does not include cash, accounts payable, accounts receivable, rental (lease) deposit, inventory, or corporate entity. Inventory is extra at actual cost, or a price to be negotiated. (Inventory is carried at a 'book' value of ~$700,000, an lower actual value for business transfer purposes to be negotiated between the buyer and the seller.) Some seller financing may be available for a qualified buyer with adequate collateral.
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
To get more information about this Electronic Test Equipment Sales Service business for sale in
Santa Rosa, Napa Area please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #253821 on BizBen.com. In addition to phoning
Tim Cunha, make sure you email Tim Cunha above to get more info about this
Electronic Test Equipment Sales Service, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
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Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process. Please phone 916-672-8018 for more info.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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