IT Business For Sale in Auckland

Parnell & Ponsonby

2 Established phone & computer repairs stores in upmarket Parnell & Ponsonby in Auckland

Solid lease terms & signage rights.

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Fully managed with 4 full time + 1 part time staff (3 NZ Citizens + 2 on Work Visas that have just been renewed)

10,000+ customer database.

Open 7 days a week.

Solid marketing strategy with optimised website.

One of the owners would look at retaining 10% & stay on board as marketing manager (owns a seperate web design business).

Full training and handover will be provided for 3 months.

All stock & equipment will be sold with the business (at cost) and will range between $250k – $300k + GST depending on stock levels.

Open as an essential service during Level 4 COVID for IT hardware support.

Recession proof in that the tendency is to repair vs replace during a downturn in the economy.

Average technician experience is 2.4 years.

Electronics engineer with full kit to repair logicboards, IC’s, water damage.

Detailed plan to expand services & revenue, with a lot of equipment already purchased to kick this off.

2021 projected $700k +

A working owner would expect a salary of about $200k, investment owner would expect $130k in 2021.

Asking price is 2.5 X earnings for the prior 12 months.

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