7 Computer Refurbisher Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Become A Computer Refurbisher

Computer refurbishing is the process of restoring used computers to working conditions. Refurbishers typically purchase used computers from individuals or businesses, and then they clean them up, install new parts, and test them to make sure they are in good working condition.

To start this business, you'll need skills in data recovery, hardware repair, and software troubleshooting. It is a perfect idea for those who have an interest in technology and a knack for repairing electronics.

The average Computer Repair Technician in the US makes $51,129. The salaries of Computer Repair Technicians range from $19,892 to $74,573, with a median salary of $55,440.

With the ever-growing popularity of laptops, tablets, and smartphones, there is a great demand for refurbished computers. And with data science and data analytics, you can easily identify which computers are in high demand and how to best refurbish them.

Starting this type of business is a great idea for those with an entrepreneurial spirit and a passion for technology. If you can navigate the regulations, this can be a lucrative business with a lot of growth potential.

Here are some real life success stories of starting a computer refurbisher:

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 they make: $162M/year
How much did it cost to start: $20K
Current team size: 250

I Was Too Young To Drive But Started My Business Anyway: Now We're Approaching $200M/Year

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.

About

OWC started OWC (Other World Computing, Inc.) over 35 years ago

Revenue

OWC grew the business to $13.5M/month

Costs

It cost OWC $20000 to start the business

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Becoming A Computer Refurbisher: Everything You Need To Know

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4. Back Market

Smartphone made good-as-new and with warranties. Plus hundreds of computers, PS4s, tablets, televisions, etc. 48h Delivery. Refurbished iPhone 6, refurbished Galaxy S6, etc.

Where they're located: Washington D.C., Washington, D.C., USA
Website traffic: 3.95M/month

5. OWC (Other World Computing, Inc.)

Upgrade the RAM and storage of nearly any Apple computer at MacSales.com. We also provide refurbished Macs, external storage, docks, accessories, and more!

How much they make: $162M/year
Where they're located: Woodstock, IL, USA
How much did it cost to start: $20K
Current team size: 250
Website traffic: 970K/month