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Prime location one-stop shop electronic repair and parts store next to an extremely traffic dense intersection is available for acquisition. This business was first established in 2014 by the current owner of the business. Competition is expected for this type of business industry, but one competitor recently closed down and this store offers a competitive price point that is reasonable. Most of the customers are a wide range of demographics that are from the surrounding densely populated residential neighborhoods that house many of the return customers and the constant traffic from the busy intersection. Net sales average was $155,000/year that has been steadily increasing since inception of the business through some marketing done online. Although some marketing is utilized through social media and coupons, other proactive marketing methods are crucial to reaching out to untapped customers and increasing overall sales. There are many ways to proactively market this business such as direct mailing, new retail items, high profit margin accessories, hire additional staff, large signage and new repair services for other electronics. Expanding the current services will help bring a wider demographic and increase the sales as the customer base becomes larger over time. Various services are provided at this business that can range from screen repair, button replacement, battery replacement, charging port replacement, water damage repair, virus removal, unlocking phones, micro-soldering and computer replacement parts. This business has been steadily growing and can easily generate more revenue with a potential buyer that will proactively market this business while being fully involved in the day-to-day operations.
This business is located in a 900 SF space within a retail strip center that is next to a busy intersection with huge amounts of traffic and high-end retail businesses. All equipment is in impeccable condition and in working order.
Some marketing has been utilized through social media and coupons, but introducing high profit margin accessories is necessary to generate more retail sales and increase customer acquisition.
Few competitors are within the immediate market area, but this business provides competitive pricing that is reasonable and one of the nearby competitors has recently closed down.
The owner of the business will provide the necessary training to smoothly transition into the business operation.
100% down at the time of closing or 70% down Owner's Financing Available.
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