Recession Proof Tech Firm For Sale Nets $155,493

Business Overview:

For more than 30 years, the Company provides computer hardware and repair services for business and home based clients/users looking for quality computers and support at affordable prices nationwide. From the east coast to Hawaii!

Highly Reputed A-Rated TECH FIRM at Great Annapolis Location | Low Operating Costs High Profit Business | Operating as Trusted Technology Advisors from Coast to Coast with Majority of their Sales Comes Through Repeat Business | Strong Cash Flows Year on Year | Well Earned Rocksolid Brand Recognition | Consistent Growth Expected in Revenue & Profit Trends in 2024 & Beyond!

TOP NOTCH CUSTOMERS REVIEWS
With reviews with average rating 4.9 and over 3,000 LOYAL customers base (top notch business and consumers) in their database, this business has been providing hardware, software and services successfully for decades nationwide.

SERVICES OFFERED ON DAY TO DAY BASIS
Construction Management Software:
-Accounting, Job Costing, Project Management, Human Resource Service, Document Imaging and Service and Dispatch Software

Small Business / PC / Networking Support:
-Network Installations, Hardware & Software Sales, On-site Troubleshooting, Phone Support, Disaster Recovery, Online Backup Service, Anti-Virus Protection and Document Imaging Training

Home Computer Sales & Support
-Custom Built Computers, Laptops, Desktops, Hardware, Software, Sales & Support, Wireless Networking, Repairs, Classes and Electronic Equipment Recycling

Check Printing Services
-To meet the needs of customers in retail and commercial industries

BUSINESS & FINANCIAL HIGHLIGHTS (2023)
Location: Strip Mall High Visibility Main Street with ample parking available
Area: Highly sought after ANNAPOLIS AREA Location
Average Net Margins/SDEs: 30 %+.
2023 Sales: $ 516,589 (approximately)
Net Free Cash Flow/SDEs: $155,493.00
Payment terms: 90 % (Credit/Debit Cards) | 10% (Cash)
Size: 1,107 SF Storefront situated on a Strip Mall, with low monthly rent of $1,400.00 (NNN).
Lease terms: Long term.
Inventory: $ 10,000.00 (approximately) is included in the sale price.
Majority Customers Type: Well established small to medium size companies and high income individuals and families, located in good quality residential areas
Yearly Revenue and Profit Trends: Steadily growing

The sale price of $550,000….which is just 3.54 years of NOI ! This is a cash cow business.

Hours of operation: MON-FRI: 9.00 AM-5.00PM, SAT: 9.00 AM-2.00 PM

Reason for Sale: Owners Retirement

PROVEN TRACK RECORDS
Founded in early 1980s, the company is an excellent IT solutions provider specializing in construction industry management systems and other industries. With a solid foundation in Microsoft Dynamics and a robust team of experts, the Company has been growing steadily by focusing custom building hardware and software solutions for their clients. Since beginning of the beginning, the founder and owner recognized that top businesses needed tailor-made help in cost-effectively manner taking advantage of rapidly emerging technology. The Computer had become firmly established as an industry standard, but without the proper software, training, and support, many of these expensive machines sat unused or were only being used for the most basic tasks. Valuing the necessary clients' needs in the marketplace, company stepped into help business owners identify what their software requirements were, find the appropriate hardware and software to meet those needs, and provide the training and support to implement the best possible solution according to changing marketplace requirements.

A GREAT CUSTOMER BASE
Company has been serving hundreds of businesses and consumers alike to meet their technological needs, and has evolved into a full-service highly respected solutions provider. Additionally at its core also sells business-grade computers, servers, and laptops and distribute and support many types of specialty software, from comprehensive business management enterprise solutions to cloud-based backup and security software, to Microsoft Office 365. Thanks to their excellent track records and credentials over the decades, the company helped hundreds of businesses and consumers meet their technological needs, and has evolved into a full-service solution provider. They sell business-grade computers, servers, and laptops and distribute and support many types of specialty software, from comprehensive business management enterprise solutions to cloud-based backup and security software, to Microsoft Office 365.

CONSISTENT AND RELIABLE REVENUE STREAMS
The majority of firm´s revenues are generated from its commercial clients segment, which includes constrcution and other companies software needs. Another significant source of income is the Compute and networking segment, which includes several revenue streams helping the clients in identifying what their software requirements were, find the appropriate hardware and software to meet those needs, provide the training and support to implement the best possible solution.

STRONG TEAM
Company has built a team of experts in their field, including developers, integration resources, support staff, and a project manager. The team is aware of the sale and is committed to a smooth transition for the new owner. Alongside owners, the current staff are largely W2 employees and have bandwidth to continue providing excellent work while adding new clients and projects. The team is mostly onsite, serving clients domestically, nationwide and internationally.

REVENUE AND GROWTH OPPORTUNITIES IN FUTURE UNDER THE RIGHT BUYER
• Revenue Growth Without 0 Dollar Marketing: Company is steadily performing for years without advertising, marketing, or a salesperson and digital marketing campaigns will add to the top and bottom-line performances profoundly in the future in building up the revenues by adding new customers and services.

• Opportunity for Sales Expansion: Significant growth opportunity by adding a sales team for customer acquisition and add-on projects.

• Construction Sector Potential: Construction and property development sector has substantial growth potential for the future under the new growth minded owner, especially with the expanding market for cloud-based solutions among small and mid-sized businesses.

. Adding allied services including computer sales and repairs, software services and support, on-line backup services, Office 365 Administration, and more to commercial and retail customers nationwide and internationally.

THE UNMATCHED TRANSWORLD VALUE
This ANNAPOLIS-AREA based company for sale is proudly offered by Transworld Business Advisors, the number one Business Advisory and Brokerage in the world. With local nationwide presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise with business values $ 500,000.00 to $ 50,000,000.00.

A SIGNED CONFIDENTIALITY AGREEMENT
Business Owners: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me using reply to this ad button. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

FOR INTERESTED SERIOUS PARTIES PLEASE Contact Aamer Chaudhary (CEO Transworld Business Advisors, Downtown Washington DC & Annapolis). Please use reply to this ad button to contact us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Since inception in 1994, this business has been providing computer sales, repairs, software services and support, on-line backup services, and Office 365 administration for over 30 years.

Business is located in a small strip center with about another six storefronts the same size as our's. Lots of computer parts and accessories included in asking price.

Market Competition and Expansion:

Low. This business enjoys excellent relationship with its loyal customer base due to their proven track record of keeping their customers well served and hence they keep coming back for more business, hence the direct competition is relatively low.

Additonally, what makes this business stand out is the multi-generational presence in the market for almost 30 years, high focus on the customer experience, successful marketing, and tight operational systems/processes that drives business and keep the competition at the bay.

The business has focused narrowly on supporting its local community. However, with the rise of cloud computing and remote work, there are opportunities to expand the area of support. The new buyers can take the business to the next level with the help of the following tools:
- Digital marketing
- Adding more professional staff
- Targeting commercial clients and signing up contracts with small to medium size companies for business
- Opening more locations in the future to reach our large masses of people /marketplace

Reason for Selling:

Additional Details:

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