Hawaii - Apple Authorized Reseller

EXECUTIVE SUMMARY
This computer store has put a tremendous amount of effort over the past 22 years into building their brand awareness. They are authorized by Apple to sell and service Apple products and is also authorized by Bose to sell Bose products. The 3,200 sq. feet store is beautifully laid out with a high degree of audio/video integration throughout and high end custom built furniture and fixtures.
Key Investment Highlights
-
2017 estimated Sales of over $4.2 million and estimated SDE of over $319,000 (tax returns in progress)
-
Average 4 Year SDE (2013-2016) was $257,000
-
Largest selection of Apple and Bose products on the island with $275,000 of inventory.
-
Large store (approximately 3,200 sq. feet) and beautifully laid out showroom with many Apple & Bose products on display with a high degree of audio/video integration throughout.
-
Friendly, knowledgeable & productive staff
-
Established for over 22 years
-
Apple Premier Partner – Highest distinction as an Apple Authorized Reseller
-
Apple Premium Service Provider – Highest distinction as an Apple Authorized Service Provider
-
Bose Authorized Dealer – carry both Bose consumer and Bose pro line of products
This business is offered for sale due to the retirement of the owner.
Please contact us to receive a 40+ page Confidential Business Profile which contains detailed financials and information about the business.
This business is offered for sale due to the retirement of the owner.
​
COMPANY
Listing ID: HI Apple - P
Location: Confidential
Year Established: 1996
Employees: 6
FINANCIAL SUMMARY
2017 SDE: $176,900
2017 Revenue: $4.2 million
Average 4 Year Revenue (2013-2016): $5.03 million
Average 4 Year SDE (2013-2016) $257,000
OFFERING SUMMARY
Asking Price: $500,000
Included Inventory: $275,000
FF&E: $150,000
Non-Compete: 3 years
Training: 3 weeks
Sale Reason: Retirement
REAL ESTATE/LEASE DETAILS
Status: Leased
Monthly Rent: Base Rent $7,912.50 or $2.50 sq. ft. +.70 CAM = $2,215 mo; total $10,128/month
Sq. Ft.: 3,165 sq. ft.
Lease expires March of 2019 and seller expects the landlord would like to renew a long-term lease with the buyer.
Beautifully decorated retail operation, located close to customers.
​
​
Please contact us with a signed NDA (see below) to receive a 40+ page Confidential Business Profile which contains detailed financials and information about the business.
​
​
​
​
​
​
​
​