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Businesses For Sale > Business For Sale in Newport Beach, Orange County, California (CA)
$25,000 price reduction on Computer Repair/IT and Web Marketing Company for sale in Newport Beach, Orange County, CA
Newport Beach, Orange County, California (CA)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 418,000 |
$ 435,156 |
$ 173,708 |
Business Summary:
2010 Net $174,000 a year with this Computer IT and Web Design/Marketing Company Combo
We have discounted the listing price and given a cash price because of family needs (aging parents that need help) that require the owner to start the exit process for a future move. Our company’s net profits have doubled in recent years and we continue to grow the company with advertising already in place in targeted expansion areas. This company is a full retail location not a home, web based, or franchise resale. We are a profitable working company not distressed or bankrupt. We have proven that technology is the avenue for profits even in this slow economy.
This company contains two unique businesses that cooperate and overlap each other. The computer sales and repair company specializes in high quality customer service for IT and Repair services. Our employees wear uniforms and work out of a retail storefront location. Our clientele want to be able to come into our store or have us come to their home or office. We customize our services to the needs of the client whether it is IT for 20 workstations or in-home networking, troubleshooting and computer/software purchases. We have been in business for over 13 years and have expanded our location twice. We have many customers on managed service plans with automated credit card billing.
The web design and marketing business specializes in web design, hosting and online marketing. Our local clientele come into our store while clients from all over the US work with us via telephone and internet. We customize our services to the needs of the client whether it is an Ebay like auction site that requires worldwide advertising or the creation of a simple 3-page informational web site. Our online marketing efforts have allowed our customers to make over $100 million dollars in sales last year.
*Listing price was $443,000 so this is a $25,000 discount. Also if the buyer is willing to pay cash we will give an additional 10% discount for a total asking price of $376,200.
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| Year
Business was Established: 1999 |
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| Number of Employees:
3-6 |
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| Facilities / Terms of Lease:
Annual lease, retail storefront location |
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| Potential
Growth/Expansion:
Prior to the choice to sell we have been planning two expansion projects. 1. Product Expansion: We have been researching and developing adding cell phones and personal wireless products to our retail location. (sprint, clear, etc.) Customers want these products/services and it is the direction of new technology. 2. Store Expansion: planning for satellite stores in three areas. For the last year we have been advertising in those areas and preparing the client base. |
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| Competition:
A lot of competition has fallen away in this economy. Many home-self starter web/tech and the large computer stores like Circuit City have closed. We compete with companies like Make It Work and Geek Squad in the tech area. We excel at being faster (often same day service while they take up to two weeks) and we are less expensive. We compete with online SEO/Marketing/Hosting companies however our company has someone available to clients in person (can walk in to our store) or who answers the phone during business hours and we talk to clients with respect in regular english not "tech/web" language. |
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| Owner
willing to finance:
Cash discount 10% available. If not terms are available. $275,000 cash with remainder over 12 months. |
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| Owner
willing to train:
Training time and consulting available |
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| Reason for selling:
Preparing for needs of aging parents and potential move out of the area. We have discounted to start this process sooner than later so there is time for sale/training/etc. |
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Seller Reference Number: -25,000sale
BusinessMart.com Listing Number: 106784 |
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on this business
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For
more info contact:
714-235-6104
Anthony
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