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Media Transfer Company For Sale - Very Profitable
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $0
Net Profit / Cash Flow $644000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 20 - 34
Inventory 400000
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training Seller will train
Reason for Sale Other opportunities
Description This highly profitable, growing, and well organized Media Transfer company serves a growing market segment. Clients are any individuals or organizations who have the desire to transfer their outdated media to a modern DVD format that has a hundred year life span as well as to hard drives or jump drives.
The typical customer is between the ages of 45-65. The baby boomer generation is growing and is a primary user of this service. Since the majority of the customers are baby boomers, the peak of the market is yet to happen. There are also institutional clients who want to preserve their history and records. This market segment includes churches, police departments, court systems, businesses, government entities, universities, museums and the military. In fact, the largest orders processed by the company have come from the government and churches (40,000+ and 30,000 respectively), yet there is no specific marketing to these groups, they have found the company on the company on the internet. The current owner believes this is a tremendous growth area and may even be a bigger market then the general population.
The business currently operates multiple locations. A sophisticated formula is used for determining a store's location. The store model has been designed so that a new store should be making money within hours of opening, and the new store investment is paid back within 6 12 months. The store and city location tool has proven to be very successful to date and is available to future ownership. The seller has indicated that all US Metropolitan areas have been modeled. Although this business is not a franchise, it has established a training protocol that you would expect to find in a much larger company or a well-established franchise.
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