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Business For Sale
ESTABLISHED COMPUTER REPAIR AND RETAIL BUSINESS
Attn:
Kirk or Randi Edwards
Seattle, WA, USA
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Listing Number: "hfngComp"
Print this
Listing
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Asking Price: |
$20,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Electronics, Tech., Cell Phones
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Reason for Selling:
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Seller has been ill since 2005 and is retiring. |
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Year Established:
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1991 |
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Yearly Revenues:
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$146,812 |
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Yearly Gross Income:
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$1,486,812 |
Business for Sale Overview:
This business has been in the same location since 1991 and has a loyal clientele. Seller has been ill since 2005 and is retiring. The business specializes in computer repairs and the designing and building of custom systems for its clientele. It also sells parts, has consignment items, and software. The current owner has not done any advertising or promotion for many years and has no web site or E-Commerce presence. With the current Lease it would be possible for the new owner to move the operation to another location or his home and save money on rent. This business is ready for an aggressive new owner to take it to new heights.
Property Features and Assets:
This business has been in the same location since 1991 and has a loyal clientele. The business occupies 980 sq. ft. The total rent is $1,150 per month. The Lease runs till 5/30/2008 and has an option to extend another 2 years. If the Buyer does not want to continue occupying this space he can end it and move the business.
Market Competition and Expansion:
There are many repair and retail computer shops in Seattle. What distinguishes this one is the longevity of the business (17 years) and the quality of the work. The business also has unique consignment items for sale and great prices for their custom designed and built systems. The business already has a large and loyal clientele. The new owner could extend the hours of the business, which is currently only open 5 days per week. The business has no web site or E-Commerce presence. The owner has done no marketing or advertising for many years.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This may become a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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