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Charity It - Computer / Technology Reseller (var)
Location: United States -> California -> Southern California - Los Angeles Area -> Long Beach
Industry: Wholesale and Distribution > Wholesale and Distribution

Business Summary

Charity IT is a computer hardware, software, electronics, and all related office and IT products reseller (VAR: Value Added Reseller). We have clients current clients such as Directv, AT&T, Dorchester Hotels, and various other clients. We have amazing relationships with major manufacturers and distributors and have set up a system/channel for getting product at pricing lower that almost all of our competitors.

Our sales model is different than any other. We are charity driven and have partnered with various major and minor charitable organizations in which we give 10% of all profits. Our client accumulate funds from each purchase which go into an account. The client designates either quarterly or annually which charity or charities they want the funds to be directed to. Charity IT has given thousands of dollars to such charities as Make A Wish Foundation, Wounded Warriors, ASPCA, Feeding America, St. Judes Children's Hospital, World Vision, The American Cancer Society and many others on behalf of our clients.

Charity IT is a two year start-up that has been set up to function like its major competitors like CDW, PCMall, Zones, Insight, PC Connection, etc... The company has no debt, minimal expenses, and has been profitable from day 1. The company doubled it's sales after year 1 reaching $1M in sales at year 2. The company can easily reach $10M in sales in the next 2-3 years if managed properly.


Asking Price Range:  $250K - $500K
Gross Revenues:   $863,000
Cash Flow:   $212,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  No inventory.
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will support and train/educate buyer and employees.
Reason For Selling:  Retiring from the IT Industry. Seller is transitioning to working for and setting up a charitable organization.


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Charity It - Computer / Technology Reseller (var) Photo 1 Charity It - Computer / Technology Reseller (var) Photo 2 Charity It - Computer / Technology Reseller (var) Photo 3

Print Listing Id: 700256629
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