Established Cell Phone Store in Baltimore for sale
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Prime Baltimore Location - Established Business with Convenience Store Potential
This exceptional business opportunity combines a proven 20-year operating history with tremendous expansion potential in Baltimore's high-traffic market. Originally established as a cell phone store in 2006, this versatile location presents multiple revenue streams and growth opportunities for the right entrepreneur.
Strong Financial Foundation:
• Annual Revenue: $454,000
• Seller's Discretionary Earnings: $100,000
• Solid 22% profit margin demonstrating operational efficiency
• Two decades of consistent performance and established customer relationships
Current Operations:
• Multi-carrier cell phone retail with prepaid product focus
• iPhone screen repair services generating additional income
• Loyal customer base developed over 20 years of operation
• Currently operates with limited hours, presenting immediate expansion opportunity
• Reduced product range due to staffing constraints offers restocking potential
Prime Real Estate & Assets:
• Strategic 1,600 sq ft location in high-traffic Baltimore area
• Favorable lease at $3,250/month with terms extending through November 2030
• $50,000 in furniture, fixtures, and equipment included
• $15,000 inventory package included in asking price
• Minimal direct competition in the immediate market
Exceptional Growth Potential:
• Perfect location for convenience store conversion or expansion
• Zero advertising investment over past 20 years indicates untapped marketing opportunities
• Extended operating hours could significantly increase revenue
• Ideal space and location for diversified product offerings
• High-traffic area supports multiple business models
Transition Details:
• Owner selling due to health considerations and geographic distance
• Comprehensive one-week training program included
• Established systems and processes ready for new ownership
This turnkey opportunity offers the perfect combination of proven cash flow and unlimited expansion potential, making it ideal for an entrepreneur ready to transform a successful operation into an even more profitable venture.
No emails or phone calls—serious buyers, text only.
This exceptional business opportunity combines a proven 20-year operating history with tremendous expansion potential in Baltimore's high-traffic market. Originally established as a cell phone store in 2006, this versatile location presents multiple revenue streams and growth opportunities for the right entrepreneur.
Strong Financial Foundation:
• Annual Revenue: $454,000
• Seller's Discretionary Earnings: $100,000
• Solid 22% profit margin demonstrating operational efficiency
• Two decades of consistent performance and established customer relationships
Current Operations:
• Multi-carrier cell phone retail with prepaid product focus
• iPhone screen repair services generating additional income
• Loyal customer base developed over 20 years of operation
• Currently operates with limited hours, presenting immediate expansion opportunity
• Reduced product range due to staffing constraints offers restocking potential
Prime Real Estate & Assets:
• Strategic 1,600 sq ft location in high-traffic Baltimore area
• Favorable lease at $3,250/month with terms extending through November 2030
• $50,000 in furniture, fixtures, and equipment included
• $15,000 inventory package included in asking price
• Minimal direct competition in the immediate market
Exceptional Growth Potential:
• Perfect location for convenience store conversion or expansion
• Zero advertising investment over past 20 years indicates untapped marketing opportunities
• Extended operating hours could significantly increase revenue
• Ideal space and location for diversified product offerings
• High-traffic area supports multiple business models
Transition Details:
• Owner selling due to health considerations and geographic distance
• Comprehensive one-week training program included
• Established systems and processes ready for new ownership
This turnkey opportunity offers the perfect combination of proven cash flow and unlimited expansion potential, making it ideal for an entrepreneur ready to transform a successful operation into an even more profitable venture.
No emails or phone calls—serious buyers, text only.
About the Business
- Years in Operation
- 20
- Facilities & Assets
- 1600 sq feet, plenty of space for extension.
- Market Outlook / Competition
- There is no major competitor for the multi-cellphone store.
- Opportunities for Growth
- This is the perfect location for a convenience store. The current owner hasn't advertised in the past 20 years. Extending hours of operation will lead to an increase in sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $3,250.00 per month
- Lease Expiration
- 11/1/2030
About the Sale
- Seller Motivation
- Health and distance
- Transition Support
- One week of training
Listing Info
- ID
- 2383093
- Listing Views
- 763
Business Location
Listing ID: 2383093 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 full Terms of Use. Learn how to avoid scams.
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