Wireless Franchise Store - 20% Down at Closing
| Asking Price: | $190,000 | Inventory: | $35,000 ++ |
| Gross Revenue: | $392,839 | Real Estate: | n/a |
| Cash Flow: | $84,503 | FF&E: | $89,500 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This retailer of wireless services and accessories is a franchise with national brand recognition. With more than 200 stores nationwide, the business model has proven to be well-received by wireless consumers across the country looking for clarity in the confusing world of wireless services, as they represent all of the major national wireless carriers. This particular location is no exception. They have quickly become the local experts when it comes to providing the latest and greatest phones and accessories, giving expert consultation on which wireless plans fit customers' needs the best and providing post-sale services, such as repair and upgrades or adding accessories. According to the owner, their success boils down to one primary factor superior customer service with a sincere desire to help people with their wireless needs. Strengths of this particular store- Optimal location on busy intersection - Loyal customer base built through dedication to customer service - Owner keeps the store look and layout fresh - Knowledgeable wireless experts Strengths of the franchise: - They carry all of the major wireless brands and accessories under one roof - Access to support from all brands local representatives - Superior profit margins on both accessories and service - VERY advantageous royalty plan. For further information, please complete our Non-disclosure Agreement at http://www.vrbigd.com/nda.htm. Jeremy Furtick can be contacted by email at jeremy@vrbigd.com or by phone at 972-792-0100. For up-to-the-minute business updates on VR's current, new and pending listings, follow VR at twitter.com/vrinDallas.
About the Business
Year Established:2006
Employees:4 full time -
Facilities:The business operates in a prime location on a busy intersection out of a free-standing building. The franchise promotes 1,500 sq. ft. as the optimum store size nationally, and that is exactly the space this store utilizes.
Market Outlook and Competition:There is no immediate competition in the area that provides the same breadth of services and service options as this franchise retailer. There are local stores that provide specific services, such as Sprint or Verizon, but the factor that brings the majority of customers into this store is the multiple brands that are carried here - not only do customers like the multiple services and service plans offered but they also know they are getting unbiased recommendations from the employees. In this store's particular case, as a franchise location, there are not many changes that can be mad to expand the store's product lines or services - that is dictated primarily by the franchisor. However, there is ample opportunity to grow your own retail chain by adding new stores in other areas around the Metroplex.
About the Sale
Reason For Selling:Seller moving out of state.
KEYWORDS: business, for sale, established, profitable, dallas, fort worth, DFW, texas, tx, cell, phones, satellite, telephone, service, franchise, retail, communications, tv, wireless, accessories, car, service, cell service, Dallas, Ft. Worth
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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