Business Summary:
The company is well established, 24+ years same owner, 100+ active customers and 800+ customer database. Company has exclusive, partial and other representation, company provides service to customers and potentials, with sales reps established. They sell to distributors and optical stores. Almost all customers pay before shipping only 4 loyal customers have 30 days credit. Company based on promoting new innovative technological advances in optometry and ophthalmology. More than 90% of the sales are for export to Caribbean, Central and South America. With all the accessories and equipment on the market and the philosophy of generating new products, to facilitate patient / physician relationship.
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| Year
Business was Established: 1999 |
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| Number of Employees:
3 FT/2 PT |
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| Facilities / Terms of Lease:
Seller is the landlord, flexibility in all terms. Rent is 2 warehouses located on same shopping center, each one is $3,500 for a 2,400 sq ft approximately. The total rent is $7,000 for a total of 4,800 sq ft. One warehouse has a showroom and offices, and the other is warehouse itself. |
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| Potential
Growth/Expansion:
Other representations, expand other optical lines. Potentially to grow up 4 times actual business in short term. |
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| Competition:
There are other companies but they differentiate for customer service, relationship and time established on market. |
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| Owner
willing to finance:
$250K down/$1MM over 24 mos. @ 6%/Other Financing. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Other business interest. |
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Seller Reference Number: 1040-17599
BusinessMart.com Listing Number: 295950 |
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