TITLE:
Steady Cash Flowing Business with Long term staff
CONTROL:
Partner
VALUE:
$500,000
LOAN:
$0
EQUITY:
$500,000
TYPE:
Business Opportunity
HAVE:
A registered S corporation in Washington State. With hundreds of customers including 42% large industrial, 31% B2B, 23% Municipalities, and 4% miscelaneous. 49% of the sales are from brokered sales, 23% color copying sales, 20% copying, and 8% other
WEBSITE URL:
ADDRESS:
403 Catlin St, Kelso, Washington
BENEFITS TO NEW OWNER:
Steady and improving cash flow. Stable, qualified staff, vendors, and customers. Potential upside
GROSS SCHEDULED INCOME:
$825,928 Actual
VACANCY LOSS:
$250,000
GROSS EFFECTIVE INCOME:
$575,928
EXPENSES:
$418,121
NOI:
$157,807
DEBT SERVICE:
$0
CASH FLOW:
$157,807
CAP RATE:
31.56%
BENEFITS SOUGHT:
Steady income, vacation spot, retirement.
CAN ADD:
Building, Structured Lease, Improvement plan.
REMARKS:
This is a 30+-year-old business started by the broker and his brother that has provided steady income for the partners and staff. The customer base is loyal and repetitive. Corp: 65% P. Palmer, 35% H. Palmer
COUNSELOR:
Hal Palmer
PDG Services
P. O. Box G
Longview, Washington, 98632
