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Computer Network Equipment Liquidator for Sale in Connecticut

Reference #: 41980028
Location: Connecticut
Price: $3,600,000
Amount Down: $1,400,000
Revenues: $2,547,337
Discretionary Earnings: $1,222,646
Total Assets: $1,400,000
Business Description: This company's business is to purchase information technology (IT) equipment from Fortune 1000 companies that either no longer need it or are upgrading their IT infrastructure. Their business is predicated on the fact that this equipment has a significant resale value in a reconditioned state.  They focus on liquidating networking, computer and telecommunications equipment from manufacturers such as Cisco, Juniper, EMC, HP, IBM, Lucent, Nortel, Sun, 3Com and others.  The firm makes it easy for clients because they are a "one stop" shop liquidator.  They handle all logistics for removing, re-selling and if necessary recycling the gear and comply with all government regulations in doing so. They either own or lease their warehouse space from which they inventory and re-condition purchased equipment.  Most of the firm's competitors don't offer this level of service.  In its fourteen years of existence, the company has carved out a very profitable niche in this segment of the asset resale business and have many repeat clients and well established resale channels.  

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.