Technology Retail Business Selling Pre-Owned Apple® Products

Cobb County, GA

Technology Retail Business Selling Pre-Owned Apple® Products
Contact Seller

Asking Price: $225,000

Cash Flow: $25,000

Gross Revenue: $515,000

EBITDA: N/A

FF&E: $45,000

Inventory: $40,000

Rent: $4,488 /Month

Established: 2015

Technology Retail Business Selling Pre-Owned Apple® Products

Save Print Share Valuation Report

Business Description

Are you looking for an innovative business that specializes in offering high-quality, certified pre-owned Apple® products and accessories without the premium prices, then this business is for you. This store located in the Marietta/Kennesaw area and has been locally owned and operated for the past 4 years. Close by is one of the largest university campuses in the State of Georgia which gives you a great market to grow this business not only with Apple® computers, iPhones®, iPads®, but also quick and affordable repairs, trade-ins for old devices and software system updates. Whether it's a basic diagnosis for a broken computer, a hard drive upgrade, virus and malware cleaning, or a screen repair, they can do the job.

This business offers a thriving model that capitalizes on multiple revenue streams:

> Retails sales for certified pre-owned Apple® products and accessories. Customers can come in the store to see, feel and touch before they buy a computer and receive a 1-Year warranty for most products.
> Service repair and upgrades for Apple® computers and many Windows® based devices. This business can also fully service prior year models that Apple stores will no longer service. They also service cell phones and iPads® bringing in more revenue. Service revenue generates high margins for this business. A new owner may want to consider on-site service to generate more revenue.
> Trade-in revenue. By taking trade-ins, they have the opportunity to upgrade the customer to a newer device and at the same time profit from the trade in for re-sell.
> B2B revenue. There are opportunities to sell Apple® devices to other businesses because of the sourcing partnerships the business has in place. This can develop into an incredible revenue stream for the business.

This business is a leader in the technology field and has a well-established brand identity in the community and is backed up by terrific business reviews. They also offer a financing plan that allows you to purchase certified pre-owned Apple® products with a simple plan making it affordable for customers to buy the computer that they need for your home, school or business.

We are looking for a high-energy owner/operator that can continue the growth and take the business to the next level!

Detailed Information

Location:
Cobb County, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a high traffic plaza ¼ mile from I-575 with 5 restaurants including Buffalo Wild Wings and others that bring in a strong lunch crowd each day. It has an outstanding looking showroom that displays the Apple@ devices and accessories with a high-end look and it has a great tech area for repair work. They also have an enclosed office for an owner/manager along with two bathrooms.
Competition:
The main competition is creating more awareness by marketing the brand through social media, networking, events and other conventional marketing avenues. This business has a high degree of repeat business through word of mouth and their great reviews on social media, but it needs a full time owner/operator to keep building the brand. There are some cell phone repair shops in the area but none that offer the wide range of services of this business with the selling and repairing of Apple® computers and the repair of Windows® based products.
Growth & Expansion:
A full time owner operator will be a major step in growing the business with full time attention on marketing and business development. With 35,000 plus students at near by Kennesaw State University, there is great opportunity to expand the marketing efforts to grow the business with the students. Expand social media presence with Google Ad Words, Facebook and others. Use the extensive email list that this business has to market the certified pre-owned Apple® products and to make people aware of promotions that the business puts on at several times in the year. Develop some B2B accounts for both selling products, especially companies that are using iPads® with their software related products and on-site service of companies using Apple® products. Join networking groups like BNI and the Chamber. Increase marketing efforts on financing computer sales. With the ease of getting approved for financing, it is a great way to boost your computer sales.
Support & Training:
2 weeks
Reason for Selling:
Expanded role in the corporate world.
Contact Seller

Contact the Seller

Contact Seller Loading

Travis Howe

Business Listed By:
Travis Howe

Transworld Business Advisors of Lake Lanier

Show Phone Number

View My Listings


Sponsoring Broker:
David Greeley

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1644802 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Grease Monkey

Franchise Opportunity
Cash Required: $75,000