Asking Price: $148,000 Gross Revenue: $200,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $14,000 included in asking priceFF&E: $21,600 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This El Paso County business offers customers computer repair, laptop repair, monitor repair as well as cell phone repair. They work on both McIntosh systems as well as Windows based computers. Cell phone repairs vary from Apple to Android as well. They also have some clients where they provide service plans for on both a personal basis as well as business accounts. They are very competitive and this area of the business has great potential for expansion.
The business was started by the current owners in 2016 and in 2018 they expanded into IT Services including networking, cabling services and programming. They operate from a leased 1,300 square foot space in an attractive strip shopping center. In addition to service work they also sell accessories which are very competitively priced and draw new customers to the store on a regular basis.
About the Business
Colorado Springs, Colorado
Number of Employees:
Building Sq. Ft.:
$2,900.00 Per Month
Growth & Expansion:
Gross Revenues have increased 61% between 2017 and 2018. A new owner could not open a store of this kind for this investment. The hard work has already been done, tenant build-out, layout, fixtures, diagnostic equipment and inventory. The 3 technicians are very experienced and enjoy the work they complete on a daily basis. Today, young people have grown up with cell phones, laptops, and all other forms of computers and finding qualified employees is not as rare as it was just 5 years ago. This is an ideal situation for a couple or partnership that would like to build on the solid foundation they have already established. One owner could continue to manage the operation and the other could concentrate on sales to businesses, and other organizations with multiple computers. Building the ongoing service contracts is an excellent way to increase monthly reoccurring revenue.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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