2 Profitable Turn Key Verizon Wireless Stores

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#1 Wireless Carrier In The U.S
Asking Price:
$158,700

Gross Revenue:
$1,729,526
Cash Flow:
$165,000
EBITDA:
$165,000
Inventory:
 Not Disclosed

FF&E:
$45,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Nationally Ranked #1 Wireless Carrier by Root Metrics 8 years in a row, this is your chance to acquire 2 exclusively approved Verizon Wireless retail locations in the Los Angeles County, CA.

Owning the rights to offer clients the best in wireless services comes once in a lifetime. These locations have proven to be a profitable owner-operated business generating solid positive cash flows. Unlike other similar locations that are currently closed to the public, these locations are already established with existing customer base and fully staffed ready for new owner takeover. 1 of the locations is located in a heavily populated area near Glendale with the other only a 25-30 minute drive away.

Current owner has been outsourcing repairs to local repair shops with reduced profit margins. New owner-operator can take advantage of the existing demand for phone/tablet repairs by offering repair services in store. Details and training on how to get repair services started can be provided per request. With an average of 5 repairs a day, new owner can add up to an additional $4500 in monthly revenue.

Additional revenue can also be generated by transferring over existing smart home security and home services(internet/TV/home phone) contracts and license's. With Verizon's 5G technology already live in the Greater L.A. area, home services can be offered to all Verizon and Non-Verizon customers alike, increasing revenue and foot traffic into the locations, which will provide additional sales opportunities for other services/products offered.

No Royalties. No Franchise Fees. Take of advantage of this time crucial situation. OWNER MUST MOVE, MUST SELL ASAP. PRICED TO SELL FAST! Current owner does not have much time so has listed these locations much lower than valued for a very fast closing, their loss is your gain! Make an offer ASAP!

Signed NDA and proof of funds required for detailed business information.

About the Business

Location:
Los Angeles County, California
Year Established:
2016
Number of Employees:
4
Franchise:
Yes
Facilities:
Signage, Fixtures, Phone Displays, Marketing Material, High Security Safes .. all included!
Market Outlook/
Competition:
Each location is 3 Miles+ away from other Verizon retail locations, and has a 2-3 mile protection from carrier to avoid over lapping saturation.
Growth & Expansion:
The right owner has tremendous upside by adding: cell phone/computer repairs, marketing to local community through mailers, events and outreach, Small-Medium business sales, focusing on additional services such as smart home security/home services. Becoming a full one stop shop for all wireless needs.
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About the Sale

Reason For Selling:
Owner must relocate to the east coast ASAP due to a family emergency.
Training/Support:
Training provided by the carrier and master agent. Carrier and master agent phone support available daily. Seller will provide smooth hands on transitional training for a seamless takeover.
Seller Financing:
Offers Reviewed For Serious Buyers

Listing Info

ID:
1447970
Ad Detail Views:
0

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Business Listed by
Hammad Alam

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