Authorized Apple Service – Lansing MI

SOLD – Long standing and award-winning authorized reseller and service center for Apple with consistent revenue and a loyal customer base.  This business owner has enjoyed the benefits of being their own boss while making a good living and is looking to find the next leader.  Easy to find and in a great location.  The foundation is set and there is room to grow.

 

This location is among the elite 1% of Authorized Apple service locations in North America.  Their technicians are certified by Apple every year on every Mac product.  Providing fast reliable service – Three days or less typical turnaround time… Some repairs same-day.  For in-warranty and out-of-warranty repairs. In-shop or on-site repair options available + official Apple part

Listing ID:

ABA-18125249-90

Location:

Lansing, Michigan

Type of Business:

Computer and Technology Sales and Service

Asking Price:

$248,000

Gross Revenue:

$579,116

Cash Flow:

$104,928

Inventory:

Plus Inventory – approximately $40,000

FF&E:

$10,000 (included in asking price)

Established:

2006

Employees:

Owner plus 1 F/T and 1 I/C

Facilities:

Building is centrally located on a main thoroughfare that runs from downtown businesses and government offices to East Lansing the home of Michigan State University.  Approximately 1,250 square feet.

Real Estate / Lease Terms:

This property is leased.

Growth Opportunity:

There is room to grow through selling of VOIP phone services; and authorized to sell Sprint Business Services.   Additional growth opportunities through non Apple related products

Competition:

Competition is limited and has not stopped the steady flow of regular business.  Two main competitors are Apple Online, which is very efficient for those not needing guidance or local service, but these are not the main clientele being serviced.  Apple retail – it’s a mad house and lacks building of long-term relationships

Financing:

All offers will be considered

Support & Training:

Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees. 

Reason for Selling:

Seller wants to retire and is looking for a qualified buyer that will take pride in maintaining the integrity and reputation that has been established.  Seller will be available to work in the business during the transition.

Broker Contact:

Larry Baumgart – Advanced Business Brokers

Direct: 269-330-6924

Fax: 248-564-5259

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.