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 Sydney

Company sells ex-leased IT equipment in wholesale and retail, seeks funds to expand inventory.

Key Business Facts
Yearly Sales USD 390 thousand
EBIDTA Margin 15 %
Industries Computer Shops
Locations  Sydney
Business Overview
- Partnered with 4 major leasing companies and we source the IT equipment from them.
- We sell the products through our retail shop, online store, and to wholesale clients.
- Our retail shop was opened this year and we have sold to over 7,500 customers which include individual customers, schools, and colleges.
- For wholesale, we have 10-12 clients which include system integration companies and other retailers.
- We also export to 2 clients in Singapore and Pakistan.
- Revenue split: 60% of our revenue is from retail / wholesale sales and 40% is from online sales.
- Promoter has over 20 years of IT industry experience and 5 years of experience in the current business.
- Revenue has decreased due to covid-19.
- Our export sales were affected by COVID, but our retail and online sales have picked up. Our retail and online sales we saw a 20% increase in revenue since last year.
Products & Services Overview
Refurbished Laptops, desktops, monitors, and computer accessories items.
Assets Overview
Forklift, office furniture and shop furniture with inventory.
Full Sale
Asking Price: USD 980 thousand (Native Currency: AUD 1,500,000)
Reason: Company is in debt of AUD 600k, and the business is down due to COVID, hence looking to sell. Valuat... View More
Includes physical assets worth USD 130 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp