Computer Upgrading Service Business Success Stories [2024]
An upgrading service business for computers installs new hardware and software to improve the functionality of old or slow computers.
To start this business, you need expertise in computer components, and operating systems, as well as hands-on experience in upgrading installations.
To grow your business, market to both individual and business customers who need faster processors, more memory, larger hard drives, or newer operating systems.
The main goal of the business should be to provide affordable services to revitalize old machines, transfer data, troubleshoot system issues, and provide prompt service to build a good reputation.
It's important to stay up-to-date with the latest compatible parts and software to recommend cost-effective upgrades that will breathe new life into aging computers.
In this list, you'll find real-world computer upgrading service business success stories and very profitable examples of starting a computer upgrading service business that makes money.
1. OWC (Other World Computing, Inc.) ($162M/year)
Lawrence O'Connor, the founder of OWC, came up with the idea for his business when he realized there was a lack of consistent and reliable solutions in the computer technology industry. He started by offering upgrades and support for Apple products, and through word-of-mouth and strategic advertising, OWC grew to become a trusted source for hardware and software solutions with a solid year-over-year growth rate of 18.4% and over $148 million in revenue in 2020.
How much money it makes: $162M/year
How much did it cost to start: $20K
How many people on the team: 250
OWC Larry, founder and CEO of Other World Computing, shares how he started his business at a young age with just a credit card, now experiencing a solid year-over-year growth with a CAGR of 43.78% over the past 33 years.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
