Listing ID: 82537

Business Overview

Well established Apple Authorized Service Provider in a fast growing community of Western Montana. This turn-key computer shop offers repairs and diagnostics for Mac / Apple, and all makes and models of PC, laptops and desktops. Services include networking data transfers and management, backup solutions, firewall and anti-virus protection, hardware upgrades and printer set-ups, all software and email issues including set-up, consulting, and training. On-site and drop-off services are offered to residential individuals and commercial businesses. Well know in the local gaming community for their custom PC builds. Time to live the Montana Dream – Big Skies and Mountains!!

Financial

  • Asking Price: $179,900
  • Cash Flow: $97,740
  • Gross Revenue: $307,787
  • EBITDA: N/A
  • FF&E: $22,831
  • Inventory: $3,800
  • Inventory Included: Yes
  • Established: 1998

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased location with utilities included.

Is Support & Training Included:

Will train for 4 weeks @ $0 cost. Apple Certified Technicians.

Purpose For Selling:

Retirement!!!

Pros and Cons:

This business has a long history of excellent customer service, consistent, timely and reliable fixes to get their clients tuned up and back up running!

Opportunities and Growth:

Huge growth potential exists in the repair of Apple cell phones.

Additional Info

The business was established in 1998, making the business 24 years old.
The deal does include inventory valued at $3,800, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell operating businesses. Nonetheless, the true factor vs the one they tell you might be 2 absolutely different things. As an example, they may say "I have way too many other obligations" or "I am retiring". For many sellers, these factors are valid. However, for some, these may simply be justifications to attempt to hide the reality of changing demographics, increased competitors, current decrease in incomes, or a range of various other reasons. This is why it is very vital that you not count entirely on a seller's word, but rather, make use of the vendor's answer in conjunction with your overall due diligence. This will paint an extra reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover items like stock, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can indicate that profit margins are too tight. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that need to be fulfilled or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location draw in new consumers? Often times, operating businesses have repeat consumers, which create the core of their day-to-day profits. Particular elements such as new competition sprouting up around the location, road building, and also personnel turn over can affect repeat consumers and adversely influence future earnings. One essential thing to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the greater the chance to build a returning client base. A last thought is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Exactly how might the regional mean house income effect future revenue potential?