Apple-authorized service center @ 39% owner profit margin

Listing Number: 45745-362326

Description

This full-service computer repair center is a unique store providing service to Apple computer owners throughout the greater OKC metro area. Its high level of customer service has been recognized and honored 11 times with the Apple Commitment to Excellence Award for outstanding service.

The store present great upside potential through introduction of iPhone, iPad, and wearables servicing programs. Additionally, service and maintenance contracts with schools and small businesses would help provide a stream of recurrent revenue and additional income.

With stable sales of over 500k per year, the owners' benefit is an impressive 39% and could grow higher. Competition is limited in the area, and the service provided by this store surpasses the speed, quality, and cost-efficiency of branded retails stores.

This store is owned by two partners, one of whom is retiring and the other being willing to continue to work for a new owner for a lengthy time in order to ensure a successful and smooth transition. Though not mandatory for owner to be a certified technician, this would be recommended and it is easy to obtain via online and in-class training programs. Having this transition stability will provide a new owner the peace of mind and time to get trained and recruit staff.

Listing Details

  • Price: $475,000
  • Down Payment: $25,000
  • Sellers Discretionary Earnings: $204,933
  • Total Sales: $519,270
  • Location: Cleveland County, Oklahoma

  • Inventory: $18,000
  • FF&E: $15,000
  • Employees: 4
  • Year Established: 2001
  • Reason for Selling: Retirement
  • Category: Electronics/Computer
Apple-authorized service center @ 39% owner profit margin

Business Listed By:

Andrew Popa