Asking Price: $219,000 Gross Revenue: $335,369Cash Flow: $67,074 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Dr. Phone Fix is an established cell phone and computer repair company beautifully located in the heart of Boca Raton, an outstanding and fast-growing city with 98,000 residents in 2017 and has been growing at a steady 4% rate since then. This location has a permanent staff of 3 employees that are highly rated in Boca Raton and nearby cities with 248 reviews on Google and more in other social media profiles.
Location Services Currently Offered:
• Phone Repairs (Screens, Batteries, and more)
• Computer Repairs (Screen, Diagnostic, Virus / Malware Removal)
• Phone, Tablet and Computer Accessories (Cases, Tempered Glass)
• Bluetooth Speakers and Devices for Sale
• Phone Sales, and much more
About the Business
Boca Raton, Florida
Number of Employees:
The repair facility has a total of 1,100 square feet with a large portion of it being our retail/display section. This retail/display section is the first thing that all customers see as soon as they open the door, and they are enamored by our custom displays that are fully stocked with cases, tempered glass, and a large variety of tech devices, Bluetooth headsets, speakers, and lots more. Located at the back of the facility is a high-end tech repair station with 3 or more technicians working at a time with all of the tools that they would need to get customers in and out quickly.
The cell phone repair business in its entirety is based on the high growth rate of devices on each household in any particular area. We are approaching a time in which each person in any home has a minimum of 3 devices (a phone, a tablet, and a computer). So on average, any family of 5 would have approximately 15 repairable gadgets in their home, and this is not counting TV's or other electronics that we can also fix. A repair business will have a large clientele for an extended period of time and based on the fact that we are an electronics repair shop, we are not only tied to fixing phones and tablets but also we are equipped to repair future devices as well
This location comes with three weeks of hands-on training provided by the owner, guiding you every step of the way on how to properly manage the site from all aspects of the business involving repairs, management, and training on all the software used. POS, PBX, emails, and all other social media and external software access that is needed are also utilized throughout the training process.
Cell Phone & Computer Repair Business in Boca Raton FL
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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
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