Tuesday, February 5, 2008

Available for Acquisition - Fast Growth Chain of Apple Computer Retail Stores

Delta Capital Group is representing for sale a High Growth Chain of Apple Computer Stores. This business is offered at $790,000. Details follow:

Location: Cape Cod, Massachusetts
Revenue: $2,900,000 (2007)
Cash Flow: $225,000 (2007)
Inventory: $250,000

The Company is a multi-unit chain of retail computer stores specializing in Apple related hardware and software. Apple products continue to be hot, and this company has experienced tremendous growth. Revenue has grown from $50K when the current owner acquired the business 5 years ago to just under $3m in 2007. The business is located in a growing area unlikely to attract competition from Apple company-owned stores. Now that the infrastructure is in place from the rapid growth, operating margins should stabilize above 10% of revenue. Cash flow cited is Seller's Discretionary Earnings. There is still plenty of room for further growth and this business is a great platform. The current owner wishes to retire but is willing to consult for a negotiated period of time. Please contact Delta Capital Group for a Non-disclosure agreement for further information. Interested buyers must submit proof of financial and operational capability to purchase and run this business.

http://www.deltacapitalgroup.com/
info@deltacapitalgroup.com

Monday, February 4, 2008

SBANE - A Great Resource for New England Businesses

If you own a business in New England, no matter how large or small, I urge you to check out SBANE - Smaller Business Association of New England. SBANE has terrific events - including monthly breakfast meetings in Waltham with interesting speakers, an annual dinner in the Fall, and the Innovation Awards dinner in the Spring. Past winners of the Innovation Awards read like a who's who of New England businesses ranging from Nantucket Nectars to iRobot.

In addition to these events, SBANE offers a real value proposition as they customize intellectual and capital solutions for small businesses. Here is a list of some of their programs:

  1. Lay-Off Aversion Program: SBANE offers consulting assistance to manufacturers and pays for 50% of the cost of high powered consulting. The state legislature has appropriated $500K for this program which has been distributed to over 50 companies.
  2. Raytheon IDS Supplier Partnership: Raytheon and SBANE have forged a close alliance which permits SBANE to introduce small businesses' technological capabilities to the large defense prime contractor. Several contracts have evolved out of that matchmaking.
  3. Supplier Loan Diversity Initiative: SBANE has partnered with bank and non-bank lenders to launch a $3 million loan pool to help access working capital for minority and woman owned enterprises that secure contracts from the government or large corporations.
  4. Financial Placement: SBANE has provided unconditional capital solutions to companies in distress or in various stages of growth.

Call the President of SBANE, Bob Baker, at 781-890-9070 if you are interested in learning more. The website is www.sbane.org. If you are on the South Shore, please contact me if you are interested in increasing SBANE's presence in our region.