Retail New & Used Computers and Surplus Merchandise
Seller Financing Available
Asking Price:   $100,000Inventory:   $60,000 ++
Gross Revenue:   $457,417 (comments below)Real Estate:   n/a
Cash Flow:   $92,800 (comments below)FF&E:   $5,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 2009 revenue 11 months annualized
Cash Flow Comments: 2009 SDE 11 months annualized
You Can't Beat This Cost Of Goods For Used Computers: Free! This Business Acquires Used Corporate Computers From Non-Profit Businesses And Resells Them In Its Retail Store. The Business "Wipes" The Hard Drives To Remove All Data Using A Special Triple-Wipe Process To Comply With Federal Privacy Laws. The Fbi Makes Unannounced Inspections To Make Sure That The Store Is In Compliance As The Computers Often Contain Federally Protected Private Information Such As Medical Or Legal Records.

The Store Has Been In Business For 20 Years And Under The Same Ownership For The Last 10 Years. In Addition To Selling Used Computers The Store Also Sells Used Printers, Servers, Monitors, Accessories, Network Equipment And Printers. The Store Is Well-Known Among Silicon Valley Techies As A Great Place To Buy Cheap Cables, Connectors And Various Computer Parts.

In Addition To Its Computer Sales The Store Is Also Known For Its Eclectic Offerings Of Surplus Items Ranging From Pocket Knives To Luggage To Dvd's (Yes, That Kind).

The Price Includes 75,000 Of Inventory. The Owner Is Not A Tech. The Owner's Job Is To Manage The Store And Develop Relationships With Non-Profits That Will Donate Used Computers To The Store.

For More Info Call: (Please Mention You Saw This Ad On BizQuest):

Shirley@business-Team.Com, Broker at 408-385-0399 or 408-594-2368
About the Business
Year Established:1988
Employees:1 full time - 1 part time
Facilities:3,200 square feet prime retail $6,880 per month plus $480 for electricity.
Market Outlook and Competition:In recession people want cheper merchandise - here it is!!!
About the Sale
Management Training and Support:2 weeks 20 hours per week
Reason For Selling:health, age. Owner works full-time in another, larger business that he owns, so this business has been neglected.
Seller Financing:Make an offer!!! Seller very motivated - has larger business that takes up all his time so this biz has been neglected.

KEYWORDS: retail computer electronics network surplus Silicon Valley


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Business Listed By
Shirley Lampkin  |  Business Team
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Industry: Retail Stores
Segment: Computer Resellers and Distributors

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