Profitable Mobile Device Repair Store for sale

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Asking Price:
$419,000

Gross Revenue:
$311,404
Cash Flow:
$156,256
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$50,000
included in asking price

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Business Description

This is your opportunity to capture part of the $4 BILLION cell phone repair industry. This highly profitable established mobile device repair store is set for growth! Demand for repairs is still strong. About 95% of Americans own a cell phone and an accident with it will happen at some point. The prohibitive cost of replacing a broken phone with a new one, especially name brand models, leaves them looking for answers. This shop has that answer: mobile device repairs.

It repairs Android and iOS cell phones, tablets, e-readers, and iPods. It also stocks an impressive selection of cell phone accessories such as screen protectors, carrying cases, ear phones, batteries, and chargers. Quick turnaround times and competitive pricing, plus excellent customer service, make it a hit with customers.

The store is conveniently located on in a busy strip center on Metro Indy’s north side. It is surrounded by businesses and residential neighborhoods. Established in 2014, it features a low cost operational model with a 75% gross margin. Being independently owned and operated means no fees being paid to a franchisor.

If you’ve ever imagined yourself being part the growing cell phone repair industry, then now is your chance! This business is true find and won’t be on the market for long!

About the Business

Location:
Indianapolis, Indiana
Year Established:
2014
Number of Employees:
1 PTE
Real Estate:
Leased
Building Sq. Ft.:
1,450
Rent:
$2,606.00 Per Month
Facilities:
1,450 sq. ft. lease space
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About the Sale

Reason For Selling:
Seller wants to focus time on another business opportunity
Training/Support:
Seller will negotiate a transition period
Seller Financing:
Seller will consider some financing for a qualified buyer

Listing Info

ID:
1507425
Ad Detail Views:
722

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Indiana Business Advisors

Indiana Business Advisors

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