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Established Computer Repair Business

Harnett County, NC

Computer Repair
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Asking Price: $210,000

Cash Flow: $50,000

Gross Revenue: $346,000

EBITDA: $50,000

FF&E: $40,000

Inventory: $3,800

Rent: $1,167 /Month

Established: 2010

Established Computer Repair Business

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Business Description

Established Computer Repair and MSP business ready for sale. 40% of revenue comes from recurring contracts. The business is comprised of standard MSP and web design contracts, along with retail and small business computer, smartphone, and tablet repair, including all Apple products. We have robust sales in refurbished Macs, laptops, and desktop computers.
The business is located in a growing market south of Raleigh and has an impeccable reputation. All social media reviews rank the company with 5 stars. The local population is expected to grow considerably and there are plans for future economic expansion in the area.
The current owner is part time. An experienced technician can step right in and immediately start earning a living.

Detailed Information

Location:
Harnett County, NC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
7/31/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The shop is currently under a favorable lease in an excellent retail location. All fixtures and furniture are included in the sale. There is a large inventory of parts and equipment that will also be included.
Competition:
There is very little competition in the area for MSP services. There is no place locally that is doing retail computer repair or selling refurbished computers. There is some competition in smart phone screen repair, however the company's quality reputation allows them to command a higher price for repairs with very high customer satisfaction. Many local phone stores refer their repairs to this company.
Growth & Expansion:
The company growth in recurring revenue has increased 400% in the last 2 years. This growth rate should continue for sometime as the company is adding $300-$500 of monthly recurring revenue each month. As the population continues to expand the retail business should expand as well. There are no signs that business growth should slow down.
Support & Training:
The owner is willing to train the new owner for two weeks for free, or is willing to work up to six months with some compensation. The owner will stay on to help ease the transition with employees and current contracted customers.
Reason for Selling:
Owner is retiring and relocating.
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Business Listed By:
Jim Hauer

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