40 yrs Old, TECH FIRM NETS $155,493 in ANNAPOLIS!!!!

Listing Number: 090122-511156

Description

For more than 40 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 Owners Operated 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 (approx.)
Net Free Cash Flow/SDEs: $155,493.00
Payment terms: 95 % (Credit/Debit Cards) | 5% (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 (approx.) is included in the sale price.
Accounts Receivables: $ 31,000.00 (appox. is not 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 $425,000….which is just 2.74 years of NOI !! This is a cash cow business.

Hours of operation: MON-FRI: 9.00 AM-5.00PM

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.

GREAT LOYAL 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. Over 80 % customers are based in the 20 miles radius of the business address.

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.

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 at Achaudhary@tworld.com. 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 CALL Aamer Chaudhary (CEO Transworld Business Advisors, Downtown Washington DC & Annapolis) AT OFF: +1 (202)-461-2204 OR CELL: +1 (202)-509-3739 or +1(703) 457-0362 OR EMAIL AT Achaudhary@tworld.com.

Listing Details

• Price: DH 425,000
• Down Payment: DH225,000
• Sellers Discretionary Earnings: DH 155,493
• Total Sales: DH 544,261
• Location: Anne Arundel County, Maryland


• Inventory: DH 10,000
• FF&E: DH 70,000
• Employees: 2
• Year Established: 1982
• Reason for Selling: Retirement
• Category: Internet Related