Property Details

Office Equipment Manufacturing Business and Product Line - New York State

Property ID : WSD24.295

For Sale $949,200.00 - Manufacturing

DESCRIPTION:

  • An Office Equipment Manufacturing Business and Product Line in New York State is for sale. This business is an independent New York State Corporation owned by a State of Ohio Corporation as one of its divisions.
  • This business has been closed since April 2020 due to the Covid-19 lock down as a non-essential business, and the majority of its customers withholding orders under the same circumstances, but it is all set to resume operations and the need for their products is back in high demand.
  • The former General Manager of operations is available to be employed by the Buyer Of this Business
  • This brand of USA Made equipment has been in existence for over 50 years and is considered the “Cadillac” of the office equipment products they manufacture.
  • Its products are used by schools, colleges, government, military, medical, print/copy shops, offices, office supply stores, and many other industries

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

Furniture, Fixtures, Equipment and Vehicles at a Fair Market Value of $ 250,000

Work-in-Process (Partially completed equipment) Inventory of $ 100,000

Usable Spare Parts Inventory of $ 350,000

Other Assets: Trade Name, Trademarks, Schematics, Blue Prints, Intellectual Property,  Website, Customer and Supplier data bases, Phone Number, Dealer and Distributor Lists $ 249,200

PAST SALES AND SDE

   Sales:   2018 – $ 1,550,373   2017 – $ 1,522,876   2016 – $ 1,880,661

SDE:     2018 – $    313,074   2017 – $    232,572   2016 – $    281,277

REAL ESTATE:

A Stand-Alone 17,216 Square Foot Facility on 2.74 Acres of Land.  The Buyer of this business has the option to purchase the real estate for $ 480,000, obtain a lease agreement for the facility, or relocate the business into their own facility.

PRICE/FINANCING:

           The Asking Price is $ 949,200

 COMMENTS: A great opportunity for an existing Office Equipment Manufacturer or Metal Machine or Fabrication                    Business to add or have their own product line

Agent Stephen DiPaolo

  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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