Profitable and Established Cell Phone Store in Baltimore for sale
Business Description
A 19-year-old cell phone store is up for sale. It boasts a loyal customer base and is located in a high-traffic area. Currently, the store operates with short hours, but a new owner could increase hours to generate more profit. The current owner had to reduce the product range due to a shortage of employees. This multi-carrier cell phone store sells prepaid products and offers iPhone screen repairs. There's also the potential for the new owner to introduce tobacco products and expand the inventory further.
About the Business
- Years in Operation
- 19
- Employees
- 0
- Facilities & Assets
- A 19-year-old cell phone store is up for sale. It boasts a loyal customer base and is located in a high-traffic area. Currently, the store operates with short hours, but a new owner could increase hours to generate more profit. The current owner had to reduce the product range due to a shortage of employees. This multi-carrier cell phone store sells prepaid products and offers iPhone screen repairs. There's also the potential for the new owner to introduce tobacco products and further expand the inventory.
- Market Outlook / Competition
- There is only one significant competitor; others cannot compete.
- Opportunities for Growth
- Utilizing social media will create more opportunities. The current owner hasn't advertised in the past 19 years. Extending hours of operation will lead to an increase in sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $3,200.00 per month
- Lease Expiration
- 10/31/2030
About the Sale
- Seller Motivation
- The current owner is looking for other opportunities
- Transition Support
- One week of training and Part-time as needed
Listing Info
- ID
- 2383093
- Listing Views
- 459
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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