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Iphone Mobile Phone Retail Store For Sale

Massachusetts
Asking Price:
$309,000 (USD)
Sales Revenue:
$1,477,628 (USD)
Cash Flow:
$130,000 (USD)

Two major cell phone carriers are merging. This merger will require a large number of new customers to renew their plans. This is a huge windfall for retail stores to capitalize on this. Don't miss out in this opportunity! Owner's cash flow is increasing! Great opportunity for a business that continues to grow! This is for two branded cell phone stores, located in the same town. These stores are in very busy retail areas, with reasonable rent (rent stated is for both stores). They have been under same ownership for ten years, selling phones and cell phone service plans, and doing minor repairs. Business has been increasing over 30% per year, due to outstanding customer service. Owner now only works 10-15 hours a week. He will train a new buyer how to best maximize profit. Work full-time to decrease payroll and increase profits. There are no other locations available in the area for this carrier, and to open a new store would cost $500K! This is a great opportunity to get into a business that continues to grow, every year. Experience in the cell phone/electronics industry would be helpful.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Owner is moving out of state.

Employees:
2

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$10,000 (USD)
Inventory / Stock value:
$27,000 (USD)

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