this is an excellent opportunity for someone to acquire a well established, highly profitable and well run photocopier sales and service operation that was established ten years ago by the owner. The business is easy to run with a regular income stream received from its long term contacts that are already in place. There are circa one hundred machines out on service agreements with four major schools accounting for half of them. Lease agreements are normally taken over a five year period with the opportunity to renew the agreement nearer the end of the term. The vendor has a distribution agreement with one of the worlds leading photocopier manufacturers. This helps when they are considering their purchase agreement as their name is well known and easily recognizable. There is a full and comprehensive range of machines to choose from including the latest in full digital laser copying. This would be an ideal business for an individual or small partnership to take over and expand or it would be an ideal bolt on for a larger company to ad on the servicing and maintenance contracts and customer database that the company enjoys. Equipment: there is a small amount of tools and equipment included in the sale of the business plus a small stock of photocopying machines which are occasionally used as loan machines. Customer service: this business has succeeded because of its superb customer service proposition. They offer a next day repair and service policy with circa 90% of all repairs being fixed at the time of the call. If a part has to be ordered to complete the repair, the clients are offered a loan machine. There is a two year machine warranty on all parts from the manufacturer. The vendor always keeps stocks of toners, cartridges and ink jets on his van and benefits from these add on sales. Key strengths: the business is profitable with a good cash flow and is easy to run. There are no bad debts, as clients who are not up to date with their accounts do not receive servicing or provided toners for their machines. They have good long term contract agreements in place with a regular income stream guaranteed from these customers. Growth and expansion the company has begun developing their own lease contract agreements on re-conditioned machines which they own, bringing increased margins into the business. They offer a three year lease plus service and on average charge of £100 per machine with charges of 1p for black & white copies and 9p for colour copies. At present there are three of these contracts in place. There is huge potential for this area of the business to expand. There are three websites with domain names which are included in the sale of the business. These are predominately used to sell both new and used photocopiers and accessories.
