Profitable, Well-Known Electronics Repair Shop for Sale
Business Description
Established Electronics Repair Shop - Profitable Turnkey Opportunity
This well-established Mr Fix repair shop presents an exceptional opportunity in Virginia Beach's thriving electronics repair market. With over 700 five-star Google reviews and a stellar community reputation, this business has built a loyal customer base generating consistent annual revenue of $180,000.
Business Overview:
Specializing in phone, tablet, and computer repairs, this turnkey operation is fully equipped and ready for immediate transition. Located in a prime Virginia Beach residential area with steady walk-in traffic, the 500 square foot facility operates under a $1,000 monthly lease agreement.
Financial Performance:
- Annual Revenue: $180,000
- Cash Flow/EBITDA: $18,000
- Asking Price: $45,000
- FF&E Value: $5,000
- Inventory Value: $15,000
Key Strengths:
- Over 700 five-star Google reviews demonstrating exceptional customer satisfaction
- Prime Virginia Beach location with consistent foot traffic
- Low local competition in high-demand service area
- Established loyal clientele with strong repeat business
- Fully trained staff and complete operational setup
- Currently operates as absentee-owned business
Growth Opportunities:
Significant potential exists to expand revenue through extended operating hours, additional technicians, and targeted marketing initiatives. High demand for specialized services including micro-soldering, data recovery, and corporate device repair contracts presents untapped revenue streams.
Owner Support:
Comprehensive onboarding and training provided to ensure smooth transition and maintain established brand standards and operational efficiency.
Reason for Sale:
Owner is pursuing new opportunities and cannot dedicate full attention to this location.
This represents an ideal opportunity for an owner-operator seeking an established business with proven profitability, or for an investor looking for a hands-free business investment with reliable returns in a stable, growing market.
This well-established Mr Fix repair shop presents an exceptional opportunity in Virginia Beach's thriving electronics repair market. With over 700 five-star Google reviews and a stellar community reputation, this business has built a loyal customer base generating consistent annual revenue of $180,000.
Business Overview:
Specializing in phone, tablet, and computer repairs, this turnkey operation is fully equipped and ready for immediate transition. Located in a prime Virginia Beach residential area with steady walk-in traffic, the 500 square foot facility operates under a $1,000 monthly lease agreement.
Financial Performance:
- Annual Revenue: $180,000
- Cash Flow/EBITDA: $18,000
- Asking Price: $45,000
- FF&E Value: $5,000
- Inventory Value: $15,000
Key Strengths:
- Over 700 five-star Google reviews demonstrating exceptional customer satisfaction
- Prime Virginia Beach location with consistent foot traffic
- Low local competition in high-demand service area
- Established loyal clientele with strong repeat business
- Fully trained staff and complete operational setup
- Currently operates as absentee-owned business
Growth Opportunities:
Significant potential exists to expand revenue through extended operating hours, additional technicians, and targeted marketing initiatives. High demand for specialized services including micro-soldering, data recovery, and corporate device repair contracts presents untapped revenue streams.
Owner Support:
Comprehensive onboarding and training provided to ensure smooth transition and maintain established brand standards and operational efficiency.
Reason for Sale:
Owner is pursuing new opportunities and cannot dedicate full attention to this location.
This represents an ideal opportunity for an owner-operator seeking an established business with proven profitability, or for an investor looking for a hands-free business investment with reliable returns in a stable, growing market.
About the Business
- Facilities & Assets
- Modern, fully equipped retail repair shop located in a busy commercial plaza with great visibility. The storefront is clean, visible from the main road, and surrounded by residential neighborhoods and local businesses that drive steady walk-in traffic.
Reception & Customer Area: Professionally branded counter, seating, and display shelves for accessories.
Workstations: Two complete technician benches equipped with repair tools.
Storage Area: Organized inventory racks for parts and accessories.
Back Office: Repair station and storage. - Website
- https://mrfixelectronics.com/
- Market Outlook / Competition
- Located in a high-traffic residential area with strong demand for device repair services. Limited direct competition nearby. Loyal customer base with over 700 5-star Google reviews and steady repeat business.
- Opportunities for Growth
- Strong potential to increase revenue through extended hours, additional technicians, or targeted marketing. High demand for micro-soldering, data recovery, and corporate device repair contracts.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 500
- Rent
- $1,000.00 per month
About the Sale
- Seller Motivation
- Owner pursuing new opportunities and cannot dedicate full attention to this loca
- Transition Support
- Comprehensive onboarding and training provided to help the new owner maintain brand standards and operational efficiency.
Listing Info
- ID
- 2421869
- Listing Views
Listing ID: 2421869 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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