Profitable Computer and Accessories Store

Eastern Cape

R 7 200 000

Financial Information

Detailed financials available on request

Computer Business for sale. Businesses like this do not come on the market very often. This very successful and well established computer shop has been in operation for over 10 years. The business has a large client base and offers a wide variety of computer equipment, accessories and consumables. The business is well managed with strong structures in place. This is supported by a well trained team of staff who are very knowledgeable of the products they are selling. The business has managers in place however close oversight in required by the seller, this needn't be daily and the seller is able to be away from the business for several weeks at a time. The business is well situated in a prominent part of town in this coastal City in the Eastern Cape. The business premises offer great street visibility with convenient off street parking. The asking price for the business is R7,200,000 Excl Stock and Vat. The Stock value is estimated at R800,000. The business in the 2017 financial year showed a net profit (EBIDTA) of R2,330,773 and in the 2018 financial year has shown good growth with a net profit (EBIDTA) of R2,953,571. This offers a very strong return on investment (based on the 2018 figures) of 40% and/or a monthly payback period of 29 months. The Seller has decided to sell as he has reached a retirement age and wishes to free up his time to pursue personal interests. A buyer needn't have in depth knowledge regarding the computer industry, however strong business acumen is a must. For more detailed information on this listing please do not hesitate to contact the broker - Greg King : 0845566166

Reason for selling


Greg King

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