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Jun 5, 2019Are you looking for an innovative business that specializes in offering high-quality, certified pre-owned Apple® products and accessories without the premium prices, then this business is for you. This store located in the Marietta/Kennesaw area and has been locally owned and operated for the past 4 years. Close by is one of the largest university campuses in the State of Georgia which gives you a great market to grow this business not only with Apple® computers, iPhones®, iPads®, but also quick and affordable repairs, trade-ins for old devices and software system updates. Whether it's a basic diagnosis for a broken computer, a hard drive upgrade, virus and malware cleaning, or a screen repair, they can do the job.

This business offers a thriving model that capitalizes on multiple revenue streams:

Retails sales for certified pre-owned Apple® products and accessories. Customers can come in the store to see, feel and touch before they buy a computer and receive a 1-Year warranty for most products.
Service repair and upgrades for Apple® computers and many Windows® based devices. This business can also fully service prior year models that Apple stores will no longer service. They also service cell phones and iPads® bringing in more revenue. Service revenue generates high margins for this business. A new owner may want to consider on-site service to generate more revenue.
Trade-in revenue. By taking trade-ins, they have the opportunity to upgrade the customer to a newer device and at the same time profit from the trade in for re-sell.
B2B revenue. There are opportunities to sell Apple® devices to other businesses because of the sourcing partnerships the business has in place. This can develop into an incredible revenue stream for the business.

This business is a leader in the technology field and has a well-established brand identity in the community and is backed up by terrific business reviews. They also offer a financing plan that allows you to purchase certified pre-owned Apple® products with a simple plan making it affordable for customers to buy the computer that they need for your home, school or business.

We are looking for a high-energy owner/operator that can continue the growth and take the business to the next level!

Financials:

Sales Price: $225,000
Payment: $225,000
Total Sales: $515,000
Location: Marietta/Kennesaw

Inventory: $40,000
Leasehold Improvements: $27,829
FF&E: $45,000
Employees: 3 Full Time; 2 Part Time
Year Established: 2015
Category: Retail Technology

Facilities:
Located in a high traffic plaza ¼ mile from I-575 with 5 restaurants including Buffalo Wild Wings and others that bring in a strong lunch crowd each day. It has an outstanding looking showroom that displays the Apple@ devices and accessories with a high-end look and it has a great tech area for repair work. They also have an enclosed office for an owner/manager along with two bathrooms.

Square Ft: 1600
Lease: Start 11/2015 ends 11/2020
Lease Term: 5 Years
Monthly Lease/Rent: $4488 including CAM

Competition:
The main competition is creating more awareness by marketing the brand through social media, networking, events and other conventional marketing avenues. This business has a high degree of repeat business through word of mouth and their great reviews on social media, but it needs a full time owner/operator to keep building the brand.

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