Listing Number: 92837-274031
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!
Sales Price: $225,000
Total Sales: $515,000
Leasehold Improvements: $27,829
Employees: 3 Full Time; 2 Part Time
Year Established: 2015
Category: Retail Technology
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.
Square Ft: 1600
Lease: Start 11/2015 ends 11/2020
Lease Term: 5 Years
Monthly Lease/Rent: $4488 including CAM
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:
The owner will give 2 weeks of training. The franchise will provide another 2 weeks of training. One week for marketing and one week for technical training. The current staff will stay with the business making the transition very smooth while maintaining their expertise and knowledge of the business.
Reason for Selling:
Corporate career has expanded.
- Price: $185,000
- Down Payment: $185,000
- Sellers Discretionary Earnings: $25,000
- Total Sales: $515,000
- Location: Cobb County, Georgia
- Inventory: $40,000
- FF&E: $45,000
- Employees: 4
- Year Established: 2015
- Reason for Selling: Expanded role in the corporate world.
- Category: Electronics/Computer