SALE PENDING - Cell Phone Plus other retail products and services
Location: Michigan > Washtenaw County > Ann Arbor
Industry: Comm. and Media > Telephone and Wireless Carriers
Financials
Asking Price: $135,000
Gross Revenue: $160,000
Gross Revenue Comments: 2008 Proforma
Cash Flow: $60,000
Cash Flow Comments: 2008 Proforma
Inventory: $5,090 (Not Included in Asking Price)
FF&E: $28,615 (Included in Asking Price)
Seller Financing: Cash preferred
Business Summary
Profitable business is very unique in having a storefront with heavy foot traffic, ease of parking and a diverse mix of products and services. A full service communications store with a great customer base of mixture of students, local residents, and businesses. On-line store via the website is included in the sale of the business. Slow periods of 25-30 cell telephone activations monthly, and high activation months 55-60 per month. Additional services & products provided are cable TV, high-speed internet, bill pay, long distance services. You will not be able to find a better deal on the market than this business in the Ann Arbor market! This listing is confidential. Do not approach owner or employees. Contact Michelle directly at 734-929-9378.
About the Business
Year Established: 2003
Employees: 1 full time - 1 part time
Facilities: Retail storefront is very reasonable lease terms in highly sought out area in Ann Arbor. Modified gross lease. Two stories to use in downtown Ann Arbor. Retail site is approximately 500 sq ft with an additional 250 sq ft office & storage. On street parking + parking garage within 200 feet. This great frontage, huge glass windows, two retail storefronts for the price of one. On-line store via Website is included in the sale.
Market Outlook and Competition: Level of service, price point, and location makes this business very attractive over its competition. According to telecommunication industry experts products and services offered at this store will experience continued growth regardless of economic conditions. Growth and Expansion: Additional web site enhancements and development, as well as advertising/marketing/networking and offering higher end communications are growth avenues a new owner would want to pursue.
About the Sale
Management Training and Support: Two weeks training supplied. Part-time assistant desires to stay with new owner and is fully trained to run daily operation as needed.
Reason For Selling: Fiancée accepted at out of state college, moving.
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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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