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Apple Dealership, Service Centre & Software Development Business For Sale

Singapore
Asking Price:
$325,000 (USD) Inventory / Stock included
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
Available on request

Please note this business is located in Australia however may be of interest to buyers from Singapore.

Longest established authorised Apple dealership in Australia (34 years), based in Victoria, is available for sale.

A staff of 7 manages a profitable Apple business, featuring a showroom, outward bound sales and service personnel, POS software development (with unique App Store app available for world distribution)

Pentagon Digital is Apple authorised for Business, Consumer, Education, Government & Corporate market specialisations.
Pentagon is an authorised Apple Service Provider and services all Apple products.
Pentagon is a registered Apple software developer and develops software for iOS and Mac OS.
Pentagon is a member of ACN.

Turnover is in the range of $1M - $3M per annum.

Price $325k + SAV

Owner is willing to stay on to run the business for an investor, or as a consultant and mentor to the new owner(s).

Property information

Real Estate:

Lease

Lease Terms:

The lease has just been renewed; there are 3 year plus another 6 years; the landlord has been flexible and may be willing to extend the lease after the 9 years is up.

Leasehold Rent:

$39,960 per annum per annum

Location:

The building is on a corner location and is a well-known landmark in the area.
We are located in Mont Albert, right on the border of Surrey Hills on the tram stop and close to Surrey Hills and Mont Albert railway stations.
The building has its own car park for 6 cars and a garage storage and is within walking distance to the railway stations.

Premises Details:

The premises comprises showroom, sales area, service department, admin area, stockroom, kitchen and bathroom and is well suited to the business. Security cameras with remote access and lock-down security grills protect the building.

Business Operation

Expansion Potential:

Significant expansion into education and the corporate world is there for the taking if expansion is desired or an additional store in another geographic location where Apple has limited or no presence also represents an opportunity if more staff were to be hired. Software development in point-of-sale is ongoing and the iPad based POS application is now available on the App Sore for global distribution.

Competition / Market:

The business has expertise and provides solutions that the Apple USA stores in Doncaster Shopping Town and Chadstone do not provide and Apple USA stores, JB HiFi and other mass merchants send their repairs to Pentagon for service.

Reasons for selling:

Owner's partner, the CFO, wishes to retire

Trading hours:

9am - 5:30pm Monday to Friday
9am - 5pm Saturday

Employees:
7
Years established:
34 Years

Other Information

Support & training:

Documentation based on ISO9000 principles is available.
Owner is prepared to run and work in the business and mentor the new owner(s) on an ongoing consulting basis.

Inventory / Stock value:
$225,000 (USD) - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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