Business Overview

Over 34 years in Business!!
We are proud to have served the Charlotte metropolitan area for the last 34 years! As we prepare for the next 34 years, our focus is on you…our customer. We value your compliments as well as feedback and would love to hear from you!

The goal is to keep your business or personal productivity running with as little disruption from your IT environment as possible. With this goal in mind, we offer quick repair services for your IT hardware (Apple, PCs, Laptops, Printers, Plotters, Network Components) down to the circuit board level, as well as managed services to keep your IT infrastructure running smoothly.

We work for some of the greatest tech companies in the world.
Acer, alienware , Amd , Apple, ASUS, Canon, Dell, Epson, Google, HP, Intel, Lexmark, Microsoft, Ricoh, Samsung, Toshiba, Xerox ,

Financial

  • Asking Price: $689,000
  • Cash Flow: N/A
  • Gross Revenue: $745,650
  • EBITDA: $165,422
  • FF&E: $7,500
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1987

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:4,000
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

3000 SF warehouse and 1000 sf office space that consists of 3 offices

Is Support & Training Included:

Ownership will provide introductions to key customers, vendors as well as assist in transition period of up to 3 months included

Purpose For Selling:

Unrelated investment opportunity

Pros and Cons:

Excellent growth opportunity for the right buyer to expand existing base business, continue existing contracts and expand into different products and markets. Excellent acquisition for existing MSP or VOIP provider

Opportunities and Growth:

Repairs and Sales: Data Recovery, Hardware Repairs, Anti-Malware Protection, Other Services, Apple (AASP), Microsoft OS Upgrades, Recycling Services

Additional Info

The company was started in 1987, making the business 35 years old.

The business has 9 employees and resides in a building with approx. square footage of 4,000 sq ft.
The real estate is leased by the company for $2,054.17 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell operating businesses. Nonetheless, the true factor vs the one they tell you may be 2 totally different things. As an example, they might say "I have a lot of other commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competition, recent reduction in incomes, or a range of other reasons. This is why it is extremely crucial that you not count absolutely on a seller's word, however rather, use the seller's answer together with your overall due diligence. This will paint a more realistic image of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies borrow money so as to cover items such as stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that earnings margins are too small. Many organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be satisfied or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in new clients? Most times, operating businesses have repeat clients, which form the core of their day-to-day earnings. Specific elements such as new competitors sprouting up around the location, roadway building and construction, and also personnel turn over can affect repeat customers and also adversely affect future profits. One essential point to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business regularly, the greater the opportunity to build a returning client base. A last idea is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the regional average home income influence future revenue potential?