November 21, 2009
 
 
Used Computer Store  •  $158,888

Location: Silicon Valley
Seller: Greg Carpenter
Phone: 408-385-0399, 408-594-2368
 
 
About This Business
BizBen Ad #: 138994
Status: Available
Start Date: 11/18/09
Last Revised: 12/31/69
Location: Silicon Valley
County: Santa Clara
City: Sunnyvale
Contact Information
Seller or Contact: Greg Carpenter
Primary Phone: 408-385-0399
Alternate Phone: 408-594-2368
Email: shirley@business-team.com
 
 
Financial Information
Asking Price: $158,888
Down Payment: $158,888
Annual Cash Flow: $92,800
Annual Revenue: $457,417
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Yes
 
 
Business Summary
Are You A Good Retail Person? Here's A Store That Gives You A Platform To Make Deals And Be Creative! The Store Has A Core Business Selling Used And New Computers, Peripherals, Network Equipment And Computer Accessories Backed Up By Sales Of Electronic Hardware Such As Cables & Connectors Surrounded By A Wide Variety Of Surplus Merchandise.

You Can't Beat This Cost Of Goods For Used Computers: Free! This Business Acquires Used Corporate Computers From Non-Profit Businesses And Resells Them In Its Retail Store. The Business "Wipes" The Hard Drives To Remove All Data Using A Special Triple-Wipe Process To Comply With Federal Privacy Laws. The Fbi Makes Unannounced Inspections To Make Sure That The Store Is In Compliance As The Computers Often Contain Federally Protected Private Information Such As Medical Or Legal Records.

The Store Has Been In Business For 20 Years And Under The Same Ownership For The Last 10 Years. In Addition To Selling Used Computers The Store Also Sells Used Printers, Servers, Monitors, Accessories, Network Equipment And Printers. The Store Is Well-Known Among Silicon Valley Techies As A Great Place To Buy Cheap Cables, Connectors And Various Computer Parts.

In Addition To Its Computer Sales The Store Is Also Known For Its Eclectic Offerings Of Surplus Items Ranging From Pocket Knives To Luggage To Dvd's (Yes, That Kind).

Priced At The Low End Of The Normal Range: One Times Earnings Plus Inventory At Cost. The Price Includes 60,000 Of Inventory. The Owner Is Not A Tech. The Owner's Job Is To Manage The Store And Develop Relationships With Non-Profits That Will Donate Used Computers To The Store. The Owner Is Selling Because He Spends Most Of His Time In Another Business He Owns That Is Much Larger. This Business Has Been Neglected For Years.