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Businesses For Sale > Business For Sale in Newport Beach, Orange County, California (CA)

Computer IT and Web Design combo 49% profit margin and $65,000 increase over previous year, for sale in Newport Beach, Orange County, CA

Newport Beach, Orange County, California (CA)

Asking Price: Gross: Cash Flow:
$ 372,000 $ 302,020 $ 149,087

Business Summary:
Computer IT and Web Design combo 49% profit margin and $65,000 increase over previous yearHighlights:
• 15% net profit increase in last 2 out of 3 years
• 49% profit margin two years in a row•
Fully Staffed/Managed – new owner does not need to work day to day business. Are your ready for a business with proven profits over time? In the last 17 years our company has always been profitable. We have not had one revenue losing year, and in 2013 we had a $65,000 increase over 2012 and maintained a 49% profit margin for the last two years. Our staff is trained to run the business, so if you want a revenue source with minimum effort on your part; this is the business for you.Our storefront houses two profitable businesses combined to serve the needs of our clients: a) Web Design/Marketing and b) Technology/Computer IT Support. Our store is situated in the profitable area of Orange County, CA and contains all the elements and expertise to assist every customer’s technological need. a) Our Web Marketing Company specializes in high-quality customer service for web design, hosting and online marketing. Our local clientele visit our walk in office while clients from all over the US work with us via telephone and internet.
We have clients from California to Hawaii to Florida and deal with some of the largest land sellers in the United States. We customize our services to the needs of the client whether it is a real estate auction website that requires worldwide advertising, a social networking site for women or a small business informational web site. Our online marketing efforts have aided our customers to make over $150 million dollars in sales last year. Our customers range from the average “Joe” to multi-millionaires. Recurring (automated credit card billing) income is in the form of web hosting, backup, domain registration and other subscriptions. b) Complementing our Web Marketing Company is our Computer Support business. Our computer technicians specialize in high quality customer service for IT and repair services and sales. Our employees wear uniforms and work out of a retail storefront location. Our clientele come into the store or we go to their home or office. We customize our services to the needs of the client whether it is IT for 30 workstations or in-home networking, troubleshooting and computer/software purchases.
We have been in business for over 17 years and have expanded our location twice. We have an awesome retention rating with the customer surveys to back up our service. Orange County is one of the wealthiest and technologically advanced areas in the United States. Our location in Newport Beach is surrounded by Irvine, Costa Mesa, Laguna Beach, and Tustin and is home to some of the most profitable businesses in the country. We don’t just serve the business community, the home consumer in Orange County utilizes our services as well. With the average home price over 1 million and income over $200,000 these quality clients are overlooked by IT companies and provide a great source of income from their home businesses and personal IT needs. Additional Highlights:•Street visible, retail, drive up location at office space price •Expansion in 2013 to service all of Southern California•Expansion in 2014 to service mobile devices •Extremely loyal customer base with core clients for 17 years •Positive Yelp reviewed •Strong recurring revenue •Over 1200 active customers•Multiple products and services •Positive 17 year history with trademarked name •Fully trained independent staff •No legal/negative issues •Manuals, training and franchise readyFor our Brochure and Financials Fill out NDA Online atwww.octechbusinessforsale.com

 

   
Year Business was Established: 1999
   
Number of Employees: 3-6  
   
Facilities / Terms of Lease: Annual lease, retail storefront location  
   
Potential Growth/Expansion: Prior to the choice to sell we have been planning to expand service options. 1. Product Expansion: We have been researching and developing adding cell phones tablet support Customers want these products/services and it is the direction of new technology.  
   
Competition: A lot of competition has fallen away in this economy. Many home-self starter web/tech and the large computer stores like Make it Work have closed. 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.  
   
Owner willing to finance: Cash discount available. If not terms are available. $275,000 cash with remainder over 12 months.  
   
Owner willing to train: Training time and consulting available  
   
Reason for selling: Health 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.  
   
Seller Reference Number: -25,000sale
BusinessMart.com Listing Number: 106784
 

 

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