23 Jun Albuquerque’s #1 Computer Sales & Service Provider
Price: $650,000
Location: Albuquerque & Central New Mexico, New Mexico
Industry: Retail & Service, Computer and IT
Listing ID: Albuquerque Computer Sales & Service
This sales and service business has dominated Albuquerque’s consumer market for over two decades. Voted the city’s best computer store in 20 out of 22 years, it has earned a reputation for excellence through professionalism, expertise, and exceptional customer service. No technical background is required!
Offering competitively priced and custom-designed desktops, laptops, workstations, and related components, the business enjoys attractive profit margins, a loyal customer base, and numerous glowing online reviews. The customer base has averaged 18% annual growth in recent years, with Big Box stores in the area regularly referring customers for services and upgrades.
This is an exceptional opportunity to acquire a resilient, recession-proof business with a proven track record. With a tech-savvy team in place, a new owner doesn’t need a technical background to succeed in this role. A dedicated general manager is prepared to assume most of the seller’s current duties, allowing the new owner to focus on sales and strategic marketing to drive business growth.
Listing Details
Revenue: $943,243
Cash Flow: $223,447
Accounts Receivable: $-2
FFE: $18,000 (Included in Price)
Inventory: $40,000 (Included in Price)
Real Estate: (Not Included in Price)
Seller Financing: Available
Reason For Sale:
Seller is ready to retire after a successful 40-year track record of building and growing small businesses in Albuquerque.
Training & Support:
Training and transition to be negotiated.
Operation
Year Established: 1997
Year of Last Acquisition: 1997
Employees: 5
Location
Monthly Rent: 5428
Type of Location: Commercial
Square Footage: 3600
Relocatable?: No
Facilities Information:
The 3,600-square-foot store is located in a commercially dense district surrounded by affluent residential neighborhoods. With a total remodel due to commence shortly, it has good street visibility, is easily accessible, and is near a lighted intersection. The current price per square foot is $16 with a monthly rent of $5,428.
Summary
Owner Qualifications:
No technical background is required. If you are looking to put your leadership, strategic planning, and financial management skills to work (and enjoy a relaxed work week), this is a prime business opportunity that will help you build wealth for you and your family.
Competition:
This business has fine-tuned its training, internal systems, and relationships with the major electronic brands. Managers and employees alike take pride in the business’s reputation for offering knowledgeable, friendly, and helpful service. Their commitment to providing customers with a top-notch experience combined with the quality of their offerings, customized products and expert advice differentiate this business from local competitors and online resellers.
Potential Growth:
New owners should continue to enjoy organic growth as 2023’s sales and net profit have grown about 23 over Q1 2022. Additional strategic growth opportunities can be shared upon receipt of an NDA and Confidential Buyer Profile.
Michael Greene
info@samgoldenberg.com
505-820-0163
Address:
126 E. De Vargas Street, Santa Fe NM 87501
