Huge Price reduction!

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*Your E-Mail Address (Required)
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Business Team Office Nearest You

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
10800 - Internet, Software & Technology

Location:
Northern California - Northern California

Huge Price reduction!

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.


Asking Price: $1,200,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

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)

Operations

# 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:

  • business license

Lease

Monthly Rent Including NNN:
$0

Expires:
5 Locations

Option:
No

Size(sq.ft.):
0

Miscellaneous

Type of Organization:
C Corp

Reason for Sale:
Death in the family

Training:
0 weeks hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

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.