Asking Price: $250,000 Gross Revenue: $293,657Cash Flow: $100,298 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $17,000 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 computer services company offers business support services, personal computer services and data & storage solutions. The business occupies a 1,000 square feet of space in a retail strip center. There is a customer area with most of the space dedicated to repair with 8 system test stations.
The business has consistently grown in profitability. Profit margins have increased as business moves to more service versus hardware sales. Seller’s Discretionary Income (SDE) exceeded $100,000 in 2017
The business is currently being managed by the owner. One technician supports the owner in providing the company services. No one customer is more than 20% of the total sales.
Owner Requirements -MCSE a plus but not necessary. Most of this business's networks are based on Microsoft Server operating systems, some Microsoft terminal servers. Good working knowledge of business class routers and software, networks, windows-based computers are needed
About the Business
Morehead City, North Carolina
Number of Employees:
Building Sq. Ft.:
$700.00 Per Month
Type of Location: Strip Center Lease Expires: Dec 31, 2018 Lease Security: $1,000 Monthly Rent: $700 Square Footage: 1000
While there are a handful of businesses in the area that provide computer services there are only 2 that target the same market as this business. Other than those 2 the others do not have the ability to provide the same level of service.
Growth & Expansion:
The biggest opportunity is to expand cloud services. Wireless systems is a growing an important part of the business. Add more business networking clients. The increasingly complex nature of new electronic devices renders do-it-yourself repairs more difficult and support more necessary thereby encouraging consumers to seek help from industry establishments.
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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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