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.
Fully Managed
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.
Marketing & Ongoing Support
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.
Experienced staff w/ the latest equipment
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.
$$$
Revenue calendar year 2020 was $557k (ex GST & COVID wage subsidy)
Jan 21. $52.5k.
2021 projected $650k +
A working owner would expect a salary of about $200k, investment owner would expect $130k in 2021.
Asking price is 2.8 – 3.0 X earnings for the prior 12 months.