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25-Year-Old IT/OA Hardware Firm With Clients Across Kerala For Sale

Kottayam, Kerala, India
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
Under $100K (USD)
Net Profit:
Under $50K (USD)

Business Overview

  • Fully operational business with established client base.
  • Business that operates as an authorized service agent for leading brands, ensuring direct and reliable service agreements on photocopiers, MFPs, and printers.
  • The company has INR 25 lakh worth of inventory.
  • Last year's turnover was INR 3.5 crore and in the last 4 years INR 12.3 crore, includes revenue from hardware sales plus steady stream of consumables sales for printers/MFPs and after sales service revenue.
  • The promoter has 20+ experience in the same industry.
  • We have tieups with major brands like HP, Acer, Lenovo, Toshiba, Ricoh, Brother, Canon, and Epson, to promote the products in our territory.
  • High revenue per employee of about INR 5 lakh compared to an industry average of about INR 3.5 lakh per employee.
  • Registered business with necessary approvals to operate.
  • Most state government tenders (GeM) prefer to buy from suppliers like us based in Kerala. Hence, a good opportunity for IT hardware companies outside Kerala to invest and capture the market.

Products & Services Overview

  • We supply products to private offices and government offices across Kerala.
  • We have authorised service agents agreement with photocopier/MFP/printer brands.
  • We have tied up with tier1 India distributors for the inventory and have GeM codes to participate in government tenders from various IT/OA/printer/accessory manufactures.

Assets Overview
Tangible assets: self-owned office premises, office equipment, furniture and fixtures, computers, photocopier.
Intangible assets:
Solid client base in both government and private sector. A network of government/corporate/ SME customers, and partnerships with major IT brands. Direct billing from tier-1 distribution partners.

Facilities Overview
Self-owned 450 sq ft of office

Capitalization Overview

  • Selffunded and INR 50 lakh CC facility from the bank.
  • Credit exposure ranging from ₹30 lakh to ₹50 lakh with various suppliers.
  • Sole proprietorship with a single owner.

Property Information

Real Estate:

Real Property Included

Location:

prime location near railway station, close to bus stand, collectorate

Premises Details:

multi storey building

Size in square feet:
450sq ft super build up area

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

too much potential available, both geographical and business verticals too

Competition / Market:

IT products have competition but the existing customers know the organization. So, a moat is already there. Plus not many companies get vendor authorization to bid for stategovernment/semi government businesses

Reasons for selling:

The owner has other ventures and wants to consolidate it all into one. Not able to give enough time and do justice to this business.

Trading hours:

Mon-Saturday

Employees:
6
Years established:
1997

Other Information

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD) - included in the asking price
Home based:
This business can be run from home
Relocatable:
This business can be relocated