Category:
10800 - Internet, Software & Technology
Location:
Northern California - Northern California
Business Description:
Price greatly reduced! Founded in 2002, IT company providing computer, networking, and mobile device repair, service, and sales. Five Locations. Owner's sudden and unexpected death force a quick sale. 4 leases are month to month. Some stores are only marginally profitable and could be closed with a 30 day notice. SDE numbers do not include corporate overhead & some manager bonuses & auto expenses. Corporate expense, a legacy from when the business had additional product lines & $40MM in sales. The current management is rapidly reducing overhead to a fraction of the previous amount.
8 Months Ended
8/31/2022
$3,145,643
(Sales)
$53,287
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$4,954,049
(Sales)
($658,979)
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$4,788,991
(Sales)
($309,575)
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$3,776,537
(Sales)
($672,728)
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 30 | 0 |
Owners | 0 | 0 |
Hours of Operation
Mon-Fri 8am to 7pm, Sat 9am to 5pm
Licenses Required:
Monthly Rent Including NNN:
$0
Expires:
5 Locations
Option:
No
Size(sq.ft.):
0
Type of Organization:
C Corp
Reason for Sale:
Death in the family
Training:
0 weeks hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.