Time - Attendance Systems Dealer

Listing ID:
ORCSTCA001-N1372

South, California, United States

Data Processing, Hosting, and Related Services

The following broker is assigned to this listing:

R. Stephen Thomson

steve@sunbeltorange.com

Description

For over 50 years, this successful dealer has provided Time and Attendance Solutions to Southern California based companies and organizations. Over 4000 companies, having in of excess of 10,000 employee locations, have made this well respected firm their choice for workforce related monitoring solutions including Automated Computer Based Systems, Mechanical Time Clocks and Recorders. Their firm?s customer list represents a veritable ?Who?s Who? of well known and prestigious businesses and non profits. Revenues are derived primarily via three sources: 1-Equipment Sales Income 2-Installation Fees 3-Ongoing Support Income New Clientele is generated via: 1-A Preferred Relationship with two very highly regarded industry suppliers. 2-Active Industry Participation including frequent Trade Show participation. 3-Quality Referrals provided by Existing Customers and major Payroll Service Firms. Some Reasons You Should Consider this Acquisition Opportunity: A long list of high quality and satisfied customers The firm?s long term success coupled with its highly esteemed reputation in the Industry. A Highly Trained and Motivated Workforce Recognized, Quality Vendors and Business Solutions Time and Attendance Solutions are a ?Must Have?, non discretionary item for organizations. Government Regulations mandate extensive compliance requirements and record keeping which is virtually impossible with non automated systems. Governmental Regulations are continuing to grow, not decrease in number and complexity. According to the current ownership, the business could be grown substantially by implementing a strong growth and marketing strategy and further enhancing of relationships with synergistic business partners such as payroll services, human resource firms and other allied fields. Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability. For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at 714-619-9310. Email: steve@sunbeltorange.com. Fax: 949-666-5823. For a complete listing of our currently available business opportunities go to: www.sunbeltorange.com

Financials

Asking Price:$1,999,990
Revenue:$1,600,000
Cash Flow:$440,696
Downpayment:$0
Monthly Payroll:$26,004
FF&E Asking Price:$45,917 (Included in Asking Price)
Inventory Asking Price: N/A
Financing Available?No

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1958
Year Acquired:1958
Full-Time Employees:0
Part-Time Employees:0
Reason For Sale:not disclosed.