Asking Price: $127,000 Gross Revenue: $1,002,516Cash Flow: $108,000EBITDA: $108,000Inventory: Not Disclosed FF&E: $39,600 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Nationally Ranked #1 Wireless Carrier by Root Metrics 8 years in a row, this is your chance to buy an exclusively approved, high volume, Verizon Wireless retail location in a VERY affluent South Bay community. Owning the rights to offer clients the best in wireless comes once in a lifetime. This store has proven to be a profitable owner-operated business generating solid positive cash flows month over month, year over year. Verizon is the ONLY carrier that provides the best reception in this high end area.
The right owner operator can turn six figures of income in this desirable city. It has been ran semi-absentee by current owner due to having multiple business ventures and has a stable business clientele. Location has also done less then $1,500 TOTAL in marketing - tremendous upside/exposure opportunity.
Amazing upside potential with the right buyer! 5G Wireless is around the corner (Verizon is first to 5G already with select markets, Greater LA is already LIVE!) New 5G compatible phones launching early to mid 2019 which will generate the need for current customers to upgrade to gain the new 1GB fast internet speeds.
New owner-operator can also provide cell phone repairs (current owner can provide some leads to get started). 5 phone repairs a day can easily add additional $4500 in monthly PROFIT. Additional revenue can be generated by proper owner operator by transferring over existing contracts for Home Security sales and Home Cable/Internet Sales.
Average HH Income For 1 Mile Radius of store in excess of $135,000 annually with average housing prices $1,000,000+.. Great "Shop Local" Community.
No Royalties. No Franchise Fees.
Priced for a quick sale! For more information, please inquire below
Verizon has the best brand recognition in the wireless industry and by having the best ranked national cellular reception and service set a Verizon store apart from any typical wireless location. This store is located 3 Miles+ away from other similar locations, and has a set 2-3 mile protection from carrier to prevent over lapping saturation to this location.
Growth & Expansion:
The right owner has tremendous upside by adding: cell phone/computer repairs, marketing to local community through events and outreach, Small-Medium business sales, focusing on additional services to sell such as home security/home cable internet. Becoming a full one stop shop for all wireless needs
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. See our
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