Downingtown, PA (Oct. 31, 2023) — Zygoquest Group is representing a Cumberland, Maryland, dealership that is for sale. The company carries the Toshiba line of office equipment, as well as Hon furniture, among other vendors. The asking price for the business is $950,000.
The company’s FY 2023 revenues are $3.131 million, with $177,000 recast EBITDA. Its breakdown is as follows: $1.4 million office equipment, service and supplies; $695,000 office supplies and copy paper; $210,000 janitorial/sanitation supplies; and $824,000 in furniture.
The company has a staff of 15 (six salespeople, four service technicians and five admin). It is housed in a 23,400-square-foot facility, of which 19,600 is office space, and the balance is warehouse.The property is for lease or purchase.
There is $199,000 in add-back opportunity for acquirers with existing real estate. An ideal managed IT opportunity.
Call Mike Dudek of Zygoquest Group at (610) 585-1330 for more information.
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About Zygoquest Group and Mike Dudek
Mike Dudek, an attorney and CPA, is the owner of Zygoquest Group “seeking to unite” which provides customized merger and acquisition services to buyers and sellers of companies. Zygoquest is the number-one M&A authority in the office products industry. Dudek, Bill Laughlin and Rich Wisniewski are authors of over 600 consummated M&A transactions, including many technology services acquisitions, and many corrugated and value-added packaging products acquisitions during their careers. Prior to founding Zygoquest, Mike Dudek was vice president of acquisitions and vice president of finance for IKON Office Solutions, a $5.5 billion NYSE company acquired by Ricoh Corporation. Dudek has evaluated transactions ranging from the smallest transactions to the largest deals in the office products industry – from million-dollar deals to billion-dollar deals. The Zygoquest website contains deals you will recognize.
About Law Office of Mike Dudek
Mike Dudek also owns the Law Office of Mike Dudek which provides owners and executives with customized and affordable legal services on mergers and acquisitions and other complex business transactions.
