Long term Computer Repair Shop

Kansas City, MO
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Asking Price:$200,000
Gross Revenue:$235,000
Established Year:1998
Cash Flow:$92,000
Rent:$1,500
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Kansas City, MO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
30/08/2028
Employees
2.5
Facilities
The office is an open space with minimal build out. Techs work in the open in order to converse with clients. The lease is favorable, reasonable, and is signed through August 2028. Rent is $1250 with CAM $250.
Competition
The current market is excellent! With Best Buy closing down and the Geek Squad no longer servicing the area, the last two months have already been experiencing the increased revenues.
Growth & Expansion
Tremendous opportunity for growth! With the possible addition of cell phone repairs and possibly new computer sales with Best Buy closing, it's ready to take off! Service contracts could also be added on to the offerings, and eventually, new stores opening or franchising could be in the future.
Support & Training
The retiring owner is available to stay on board for a negotiated timeframe to ensure there is a successful transition to the new owner.
Reason for Selling
Retirement
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Julie
Rossi
Parkwest Business Partners
Julie Rossi