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This well-established and highly reputable business sells and services computers and laptops. Operating in the Rotorua CBD gives this business a high profile with a very reasonable rent.
Their concentration on business-grade hardware rather than consumer-grade means that they do not compete with the big-box retailers. According to the owner, they often get referrals from these retailers for business-grade hardware solutions.
Involvement with a buying group has delivered a cost-effective supply solution while their customer base ranges from mum & dads through to large corporates. They repair, service and upgrade over 100 computers/laptops per month.
With two permanent and qualified staff, the owner works a 40 hour week from very spacious premises. A purchaser would need some technical ability to go with sales and customer relations skills.
This is a very stable business that is currently showing profits of over $88,000 to a working owner. In addition, the lease has just been renegotiated resulting in further savings of at least $10,000 to an incoming owner.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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