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Asking Price$950,000
Revenue$750,160 Established1987
Cash Flow$138,612 Employees2 full, 2 part
FF&E$92,541* FranchiseNo
Inventory$270,000* RelocatableYes
Real Estate$396,000 Home-basedNo
* Included in Asking Price
Operating out of a state of the art, green facility in Placitas, New Mexico, Xitech Instruments is a world leader in the environmental ground water remediation and air sampling markets. For 30 years, Xitech has protected public and private drinking from spilled fuels contamination with its advanced made-in-America products. Trade secrets and patents are foundational to the business' ability to provide the market with the most effective and advanced products in their class. Established retail and wholesale channels, a skilled team, and a proven proprietary bidding system are in place to support new owners. With an average of 90 percent of all bids converting into purchases, new owners will assume the helm with approximately $1,193,869 in income for the current year.
Xitech Instruments is a known and trusted brand in a protected market. The barriers to entry into this exclusive club of specialized equipment suppliers are extremely high. The world's top environmental consultants, ExxonMobile, BP, and the US Military rely on Xitech Instruments for their most important projects.
Competition:Only a handful of companies compete in this market place. Their products tend to be based on inferior designs and several have re-focused their attention elsewhere. This provides Xitech the opportunity to become the dominant supplier to the U.S. and global market.
Growth Potential:Multiple factors converge to make this the right time to acquire this business. After extensive R&D, Xitech Instruments is now bringing to market a revolutionary design for a ground water pumping system. A deal has recently been inked with one of the world’s major suppliers, which will greatly expand Xitech’s presence in the Middle East and Europe. Neglect of environmental clean-up projects in the U.S. market has resulted in pent-up demand. Other expansion opportunities can be discussed upon receipt of a Non-Disclosure Agreement.
Training/Support:Seller will negotiate a training and transition period and is available to consult after the transition phase is complete.
Sale Reason:Sellers will retire.
Ad #93678
Seller Reference #SANTAFE001-N165
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Michael Greene
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