11 Established and Profitable Metro PCS Stores

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11 established cell phone stores for sale
Asking Price:
$2,980,000

Gross Revenue:
$8,359,154
Cash Flow:
$690,966
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
included in asking price

FF&E:
$187,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

11 well established and profitable Metro PCS stores. Metro PCS is a leader in the pre-paid market. Most of the stores were purchased 10 years ago. The business runs smoothly with good systems in place. There are 3 employees that oversee the operations including a general manager, owner supervises and has other business to attend. The stores have excellent locations with established customers. Great opportunity with the merger of T-Mobile with Sprint and also the upcoming new technology (5G). The business is lender pre-approved. Buyer needs to be approved by Metro PCS as an authorized dealer.

About the Business

Location:
Miami-Dade County, Florida
Year Established:
1999
Number of Employees:
35 FT
Facilities:
The business has 11 stores with great locations and good leases in place. The size of the stores vary between 600 sq ft to 1,600 sq ft. 10 stores are located in Miami-Dade County and 1 store is located in Broward County.
Market Outlook/
Competition:
Metro PCS is a leader in the pre-paid phone industry and they are very strong in the Florida market. All the carriers have pre-paid options but Metro PCS differentiates from others with their great and attractive plans.
Growth & Expansion:
A natural growth is expected through the upcoming 5G technology as many users will change their phones. The merger between Sprint and T-Mobile means a stronger company and this should help the dealers to increase their revenues and profit. A more dedicated owner with new ideas and with energy should be able to improve the business.
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About the Sale

Reason For Selling:
After 10 years in the industry, owner wants a change.
Training/Support:
Will train for 3 weeks @ $0 cost.
The business sells line activation's, cell phones, cell phone accessories and phone recharges. No special licenses required. Buyer needs to be approved by Metro PCS as an authorized dealer. Owner needs to have general management skills.
Seller Financing:
Lender pre-screened with $894k down.

Listing Info

ID:
1669725
Ad Detail Views:
790

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Business Listed by

Andy Fischer

Murphy Business & Financial Corporation
License# SL3186401

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