Listing ID: 82865
**SELLER FINANCING ASSISTANCE AVAILABLE to qualified, experienced buyers.**
This is an opportunity to purchase a well-established, independent computer sales and service business. This company serves both walk-in customers and small businesses within a 50-mile radius. The company is a Microsoft Certified Partner. They are located in a high traffic location and have a long-term lease.
The sale of new equipment, including custom PCs and workstations for home and business is #1 in volume. Custom gaming PCs are also a large segment along with new and factory-new recertified laptops. Refurbished PCs and laptops are next in sales volume. Microsoft OEM authorized; the company can provide PCs ready to go for their clients. The expansion of networking services has increased revenues, including workstations and servers for small business networks. The company also sells components of all kinds to either build or maintain PCs.
The business offers in-store, on-site or remote-in service offerings. Prepaid Maintenance Plans have also been very attractive to small business owners. There is very little competition in the area for such a wide array of services. Repeat business, referrals, and an internet presence, along with a long history, offers a new owner many opportunities for the future. The present owner desires to retire, but is very committed to a smooth transition. To that end, the owners are prepared to provide some level of Seller Financing Assistance to qualified, experienced Buyers.
- Asking Price: $475,000
- Cash Flow: $180,439
- Gross Revenue: $750,500
- EBITDA: N/A
- FF&E: $15,000
- Inventory: $40,000
- Inventory Included: Yes
- Established: 2000
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,000
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
Brick and mortar building in a busy strip mall with signage facing highway frontage.
Owner is committed to a smooth transition of ownership.
The company was founded in 2000, making the business 22 years old.
The sale does include inventory valued at $40,000, which is included in the asking price.
The company has 4 employees and is located in a building with disclosed square footage of 3,000 sq ft.
The property is leased by the company for $3,900 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people resolve to sell businesses. However, the true reason and the one they say to you might be 2 completely different things. For instance, they might claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competitors, recent decrease in incomes, or a variety of other reasons. This is why it is really crucial that you not rely absolutely on a seller's word, however rather, use the vendor's response in conjunction with your overall due diligence. This will repaint a much more reasonable image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can suggest that revenue margins are too tight. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that have to be met or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area bring in new customers? Most times, businesses have repeat customers, which develop the core of their daily earnings. Specific elements such as brand-new competitors sprouting up around the location, roadway building, as well as staff turn over can affect repeat customers and negatively affect future incomes. One vital point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning customer base. A last idea is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the neighborhood mean family income effect future income prospects?