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Profitable Computer Services Company
NCListing DetailsOffice ID: COMPSERV1
Status: Expired
Listing Broker: George Bradbury
Listing Price: $250,000
Gross Revenue: $293,657
Cash Flow: $100,298
12 Month Forecast: $300,000
Inventory: $5,000
Inventory Included: Yes
FF&E: $17,000
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
SBA and some seller financing.
Reason for Sale:
The owner has another business opportunity he want to pursue.
Owner will work with buyer for 60 hours over 90 days to transition the clients and systems.
OperationsYear Established: 1997
Employees (full-time): 1
Managers: 1
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Business Description:
This computer services company offers business support services, personal computer services and data & storage solutions. The business occupies a 1,000 square feet of space in a retail strip center. There is a customer area with most of the space dedicated to repair with 8 system test stations. The business has consistently grown in profitability. Profit margins have increased as business moves to more service versus hardware sales. Seller’s Discretionary Income (SDE) exceeded $100,000 in 2017 The business is currently being managed by the owner. One technician supports the owner in providing the company services. No one customer is more than 20% of the total sales.
Historical Summary:
This business was established in 1997 to service customers ranging from home computer users and small businesses to local government offices There are 3 segments of this business----Business Support (57% of business), Personal Support (25% of business) and Data & Storage (18% of business)
Owner Qualifications:
Business operating knowledge, technical knowledge and experience are necessary for successfully operating this Business. Buyer should have general business, accounting, sales, marketing familiarity. Most of this business's networks are based on Microsoft Server operating systems, some Microsoft terminal server. Good working knowledge of business class routers and software, networks, windows based computers are needed. This business is the go to support for many businesses so the buyer should be confident in their troubleshooting skills and general knowledge.
While there are a handful of businesses in the area that provide computer services there are only 2 that target the same market as this business. Other than those 2 the others do not have the ability to provide the same level of service.
Potential Growth:
The biggest opportunity is to expand cloud services. Wireless systems is a growing an important part of the business. Add more business networking clients. The increasingly complex nature of new electronic devices renders do-it-yourself repairs more difficult and support more necessary thereby encouraging consumers to seek help from industry establishments.
LocationType of Location: Strip Center
Lease Expires: Dec 31, 2018
Lease Security: $1,000
Monthly Rent: $700
Square Footage: 1000
Last Updated: Jun 20, 2020 / 6:25 AM
Financial Information Current As Of: Jul 29, 2018 / 5:31 AM