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.

​

​

​

​

​

​

​

​