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Old 10-18-2006, 03:04 PM   #1
e36_freak
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Great Business Opportunity

i have a friend who wants to sell his toner/ink cartridge company just thought i'd post it on here to see if anyone would be interested for more information check out the link if you have questions you could give me a call or email him.

some quick details:
he's selling his second location in markham. he's going to be runing his first location in mississauga. but he has no one to run his second location so he's selling it. the business name is not included in the price. Gross Sales Of $5000 + / Month, Lease On The Property $1570/Month Including T.M.I And Gst.2 Years Left On Lease With 5 Year Option. pretty much turn key business. costs almost nothing to fill toner/ink cartridges so you make almost 100% profit on the sale price.

he's asking $35,000 and it's negotiable

thanx

michael
416-824-2190

http://www.businesssellcanada.com/60922001.htm
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Old 10-18-2006, 03:15 PM   #2
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the business name has value. a start up name has to create value.

is the client list of that particular store included in the sale, or is the seller combining the client lists to the store he is keeping?
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Old 10-18-2006, 06:00 PM   #3
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Also - $5000 a month isn't a heck of alot of sales... $60,000 a year... Let's say some more - $80K, still not enough...

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Old 10-18-2006, 11:29 PM   #4
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^^tru but considering the asking price of 35k obo it's not a horrible deal...
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Old 10-18-2006, 11:49 PM   #5
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for that income...i'd love to be my own boss!
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Old 10-19-2006, 12:23 AM   #6
europrince
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Quote:
Originally Posted by kornstar369
for that income...i'd love to be my own boss!
Exactly. Not a lot of income, the guy is taking the name and probably all of the clients to his other store. You're left with some business tools and a lease obligation for $35 grand.

If I was looking for that, I'd be pricing out the machines or tools, whatever, at current market prices, because that seems like all you're getting.

That deal should include a client list for that location and a two year non-compete clause indicating that he isn't going to scoop clients from that storefront to his.
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Old 10-19-2006, 01:47 AM   #7
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I saw a sports bar that was generating 6-7 times this revenue, for $50K... So I don't consider the asking price very good...

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Old 10-19-2006, 10:19 AM   #8
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the client list is included. the clients are all businesses around that area
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Old 10-19-2006, 11:18 AM   #9
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Quote:
Originally Posted by Deep 3.2TL
I saw a sports bar that was generating 6-7 times this revenue, for $50K... So I don't consider the asking price very good...

Deep
threadjack - deep, your sig. is hilarious!!!
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Old 10-19-2006, 12:12 PM   #10
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LOL - someone else posted it and I just jacked it for my sig

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