Asking Price: $109,000 Gross Revenue: $173,866Cash Flow: $63,544 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $25,000 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.
Popular cellular repair store placed in a very reputable prime shopping center with a well-built customer base is available for acquisition. This business was established nearly a decade ago by the current owner of the business in 2010. Most of the customers are a wide range of demographics with ample amount of disposable income that live in the surrounding densely populated residential neighborhoods and walking traffic from the consumers driving on the major highway next to this business. Net sales average is projected to be $175,000 this year in 2018 and its profitability is going up as material cost is going down in a drastic pace. Although marketing is in place, other proactive marketing tactics needs to be fully utilized for this business to achieve maximum income capacity while gaining new customers that is within the local immediate market area. Competition is very small as this industry was only introduced in the mid-2000s, but the few competitors within the local area is mostly home-based and doesn't provide after sale services as well as warranties for the repairs. There are many ways to proactively market this business such as direct mailing, social media outlets, flyers, student discounts and full-time owner involvement. Having a full-time owner-operator in the business will be extremely beneficial to increasing quality of customer service as well as decreasing payroll expenses on additional employees or managers. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000739
For more info, please call Moon Kim at 1-866-519-2421.
About the Business
Number of Employees:
This business is located in a 1,408 SF space of an open mall that is surrounded by many high-end retail and corporate businesses that has immense walking traffic throughout the day.
Few competitors are within the immediate market area, but majority of the competitors are home-based and doesn't provide warranties as well as after sales support in which this business provides.
Growth & Expansion:
Some marketing is done though online methods, but other proactive marketing tactics needs to be utilized to generate more cash flow.
Profitable Cellphone Repair Shop in Prime Mall Location& Computer
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