Established Computer Business
www.GlobalBX.com
Listing ID:
700256665
Listing Title:
Established Computer Business
Quick Link:
http://www.globalbx.com/listing.asp?bId=256665
Industry:
Retail
Industry Segment:
Computers and Electronic Equipment Retail
Country:
United States
State / Province:
Utah
Area
City:
Davis County
Asking Price Range:
$250K - $500K
Gross Revenues:
$269,000
Cash Flow:
$218,000
Cash Flow Type:
EBITDA
Year Established:
2004
Number of Employees:
4 - 5
Business Description:
The company was established Jan 4th 2004, and during that time has had over 20,000 customers. The company is well known in the community and have two profitable stores. One store, located in Davis County, Utah, has been there for about 10 years and the other, located in Weber County, Utah, for 5 years. The one that has been there for 10 years is next to a very busy, stop light intersection. The busy intersection has traffic going east and west and north and south. The bonus is the store is right off the freeway on and off ramp. The other store is on a busy street as well with lots of traffic and stores.
We have been able to maintain an 80%+ gross margin from the entire time we have been in business. About 75% of our business is derived from repairs. The owner is only working part time Wednesday afternoon, Thursday, Friday and Saturday between both stores. There is a huge growth opportunity to grow the company even more. Several opportunities include manufacture warranty contracts, cell phone, tablets, customer trainings, more advertising, more remote support, cloud services, corporate client contracts, and calling out to customer database.
The company does about 70% in retail and 30% corporate business customers. The new owner is recommended to have a strong computer background in sales/hardware. If you are motivated and work hard then this business is for you. The reason why I am selling it is because we have other interests besides computers.
Asking Price $490,000
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