2 Profitable Verizon Wireless Stores

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#1 Wireless Carrier In The U.S
Asking Price:
$179,500

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.

New owner-operator can take advantage of the existing demand for phone repairs by offering repair services. Details on how to get repair services started can be provided per request. Averaging 5 repairs a day can add an additional $4500 in monthly revenue.

Additional revenue can also be generated by transferring over existing contracts and license's for smart home security sales. 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 the foot traffic into the locations, which will provide additional sales opportunities for other services/products offered.

No Royalties. No Franchise Fees. OWNER MUST MOVE - BRING OFFERS!

About the Business

Location:
Los Angeles County, California
Year Established:
2016
Number of Employees:
4
Franchise:
Yes
Facilities:
Signage, Fixtures, Phone Displays, Marketing Material, Inventory Safe .. all included!
Market Outlook/
Competition:
Each location is 3 Miles+ away from other retail locations, and has a set 2-3 mile protection from carrier to prevent 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 cable internet. 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 phone support available daily during operating hours. Seller will provide smooth transitional training for 10 days.
Seller Financing:
Offers Reviewed For Serious Buyers

Listing Info

ID:
1447970
Ad Detail Views:
0

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Business Listed by
Hammad Alam
U.S. Census Data for Los Angeles County, CA
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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