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This is an extremely well established and award-winning operation with incredible potential for further growth and diversification. The business is run entirely under management, with the owner actually living in another state.
This is an incredibly consistent business with a fantastic reputation as being the most trusted and reliable PC sales, service and repair business of the whole Hastings region.
This business has been designed to be in investor based business and has been run entirely under management very successfully for the last 4 years.
There is a long lease with a fantastic base rent, and a huge amount of space that is not utilised, so there is plenty of room to grow
The business is located in one of the most stunning eastern beach areas of Australia,
The business is recognised as the "go to place" for any computer, laptop, and smart device repairs and upgrades. It has an incredible reputation with over 800 business customers and 7000 general customers on their database.
This business if perfect for anybody looking to invest from afar or be a hands on owner.
Revenue $ 526,716
COGS $ 183,986
Gross Profit $ 342,730
Wages $ 160,651
Rent $ 25,084
Adjusted Net Profit $ 76,806
Adjusted Net Profit $126,806
to Working Owner
*All figures are quoted exclusive of GST
*Source: Median of the 2014-2017 FY P&L Statement
1. Huge opportunity to convert customers into managed serviced accounts
2. Average Ebitda (under management) is $100,000 for last 4 years
3. Excellent location, parking and room for physical growth in the workshop and boardroom space
4. Proven systems and procedures that allow for a safe and harmonious work environment
5. Loyal staff and customers who share
6. and wear the business name with pride
7. Excellent integration within the community,
8. the brand speaks for itself
9. Excellent financial and management records
10. Database of 7800 business and general customers
Lease: Expires January 2025
Rent: $28,838 per year
Contact us today to find out more about this fantastic, and simple to run opportunity.
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