Long term Computer Repair Shop
Asking Price: | $200,000 |
Gross Revenue: | $235,000 |
Established Year: | 1998 |
Cash Flow: | $92,000 |
Rent: | $1,500 |
Timing couldn't be more prime! With Best Buys closing to include the Geek Squad computer repair services, sales at this store in the last two months since the Best Buy announcement have been growing!
This is a great location (not exactly where it's listed due to confidentiality), but still easily accessible to multiple businesses and neighborhoods.
The current owners are ready to retire and have stated that they've never done advertising, but have been stable for over two decades due to location and referrals.
Not only would advertising increase sales further, but adding on cell phone repairs or computer retail sales could be a tremendous opportunity as well! The sellers would tell you that they've worked in the business and not on it. It's provided a nice income for them without making a marketing effort, and that's how they've personally chosen to run it. A new owner could do the same, or with some energy behind it, reap great rewards.
In a nutshell, there are a couple of primary technicians who service the computers to include Mac products, HP, gaming systems and more. Most of the revenue is from service with some refurbished computer sales.
The office assistant gets paid around 25k per year for some minor bookkeeping and answering phone calls. The bookkeeping could be turned over to an accountant and the two techs could answer the phones if desired to save at least 20k per year to make over a 110k. The current owner ran it that way for many years until hiring a family member to help.
The retiring owner is one of the main techs so a buyer will need to understand computer repairs and service. Once up and going, a new owner could hire more staff in order to step out of being a main tech if wished. The other technician is also an owner, but would be willing to negotiate staying on board should a buyer desire this option.
Most of the work is done in house but some includes house and business location calls.
This is a well established company that is primed to go to the next level! Contact Julie for further information and to sign a Non-Disclosure in order to receive confidential information.