profitable cellphone repair and wholesale

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extremely profitable cell phone repair and wholesale
Asking Price:
$150,000

Gross Revenue:
$250,000
Cash Flow:
$110,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Up for sale is an extremely profitable cell phone repair shop and wholesaler for cell phone repair parts.The business is currently netting a profit of between 6500-9k a month. This business has been extremely profitable on the repair sides and has a consistent flow of income from its wholesale customers. The business is at an intersection that sees 30,000+ cars a day and is located in an extremely busy plaza that has very strong and big name tenants with outstanding foot traffic. Your competition are your customers, The other repair shops in the area rely on this business for their parts. Also since the business sells its parts to most of the shops in the area the competition can't beat your pricing on repairs since they buy their parts from you. The business is absentee owned . The business operates on extremely high margins and is a cash cow for sure. Easiest business you will get into. Priced to sell!

The company also wholesales phone accessories like tempered glass and cases.

the business comes with a bunch of equipment to make your repairs even more profitable by refurbishing broken customer screens instead of putting a whole new part on. These machines alone cost 5000 dollars.

About the Business

Year Established:
2017
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
863
Lease Rate/Sq. Ft./Mo.:
$2.05
Facilities:
863 square feet .... in an extremely busy plaza that has large amounts of foot traffic.
Market Outlook/
Competition:
cellphones and tablets aren't going anywhere anytime soon so this business will continue to flourish. the competition can't compete with you when you sell them their parts.
Growth & Expansion:
The business just opened last year and is already netting 6500-9 k a month with minimal advertising. A new owner can advertise all over and easily double that. The shop also does not sell phones yet which is big business that has never been touched yet.
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About the Sale

Reason For Selling:
seller is going into medical school and needs the money for school
Training/Support:
1-2 weeks at no cost.
Seller Financing:
Seller will finance with 75k down and the rest over agreed upon time at 6%

Listing Info

ID:
1410817
Ad Detail Views:
375

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U.S. Census Data for Manatee County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Manatee County, FL
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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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