7 Computer Upgrading Service Business Success Stories [2024]

Updated: November 19th, 2023
Start A Computer Upgrading Service Business

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.

Here are some real life success stories of starting a computer upgrading service business:

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

article

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
Read by 4,708 founders

So... can you actually make money with a computer upgrading service business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. 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

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
Read by 4,708 founders

5. Exit Technologies

We're a full-service & fully compliant (R2 Certified) IT asset disposition company. Sell us your used hard drives, memory, processors, servers, and more!

article

So... can you actually make money with a computer upgrading service business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. MIBAR

MIBAR is a leading business software consulting firm providing ERP, CRM, mobile, and cloud solutions to help your business work smarter and grow faster.

article