Turnkey Phone Repair Store for Sale
Business Description
Established phone and electronics repair business operating since 2019 in prime Center City Philadelphia location. This turnkey opportunity generates $175,000 in annual revenue with $45,000 in seller's discretionary earnings, offering strong returns for an owner-operator.
BUSINESS OVERVIEW:
Currently managed by absentee owner, creating immediate growth potential for hands-on management. The business specializes in phone and electronics repair services with an established customer base including referrals from carrier stores and Apple Store locations.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $175,000
- Cash Flow (SDE): $45,000
- EBITDA: $25,000
- Historical peak performance: $25,000/month
- Strong profit margins with room for growth under active management
LOCATION & LEASE:
- Premium Center City Philadelphia address at 1528 Walnut Street
- 750 sq ft office space
- Affordable lease at $1,200/month through November 2025
- Strategic advantage: Limited competition due to high downtown rents
- Business is relocatable if desired
INCLUDED ASSETS:
- Complete equipment package (FF&E valued at $5,000)
- Inventory worth $7,500
- Established brand and digital presence valued at $20,000+
- All necessary tools and systems for immediate operation
GROWTH OPPORTUNITIES:
- Significant upside potential with active owner involvement
- Proven ability to scale (previously achieved $25,000 monthly revenue)
- Strong referral network from major retailers
- Minimal local competition in downtown market
OWNER SUPPORT:
- 1-2 months transition assistance included
- Financing available: $5,000/month for 3 months plus interest
- Partnership opportunities considered
This turnkey operation offers an exceptional entry point into Philadelphia's electronics repair market at an attractive 8.6x earnings multiple, with substantial upside for dedicated ownership.
BUSINESS OVERVIEW:
Currently managed by absentee owner, creating immediate growth potential for hands-on management. The business specializes in phone and electronics repair services with an established customer base including referrals from carrier stores and Apple Store locations.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $175,000
- Cash Flow (SDE): $45,000
- EBITDA: $25,000
- Historical peak performance: $25,000/month
- Strong profit margins with room for growth under active management
LOCATION & LEASE:
- Premium Center City Philadelphia address at 1528 Walnut Street
- 750 sq ft office space
- Affordable lease at $1,200/month through November 2025
- Strategic advantage: Limited competition due to high downtown rents
- Business is relocatable if desired
INCLUDED ASSETS:
- Complete equipment package (FF&E valued at $5,000)
- Inventory worth $7,500
- Established brand and digital presence valued at $20,000+
- All necessary tools and systems for immediate operation
GROWTH OPPORTUNITIES:
- Significant upside potential with active owner involvement
- Proven ability to scale (previously achieved $25,000 monthly revenue)
- Strong referral network from major retailers
- Minimal local competition in downtown market
OWNER SUPPORT:
- 1-2 months transition assistance included
- Financing available: $5,000/month for 3 months plus interest
- Partnership opportunities considered
This turnkey operation offers an exceptional entry point into Philadelphia's electronics repair market at an attractive 8.6x earnings multiple, with substantial upside for dedicated ownership.
About the Business
- Years in Operation
- 6
- Employees
- 1 (1 Part-time)
I have 1 employee that you can keep but he is part time - Currently Relocatable
- Yes
- Facilities & Assets
- Desks
Chairs
Couch
TV
Fridge and Microwave
Soldering station
Printer and tables
Shelving, storage
Small random accessories etc - Website
- https://www.phonerepairphilly.com/center-city-repair-shop.html#/
- Market Outlook / Competition
- Not much competition for repair stores in downtown center city Philadelphia because rent is so expensive which is why I have an office lease instead.
- Opportunities for Growth
- I have not been very involved as an owner with growing and managing the business but at one point this location was doing $25,000/month and we were getting a lot of customers from the carrier stores and apple store.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 750
- Rent
- $1,200.00 per month
- Lease Expiration
- 11/30/2025
About the Sale
- Seller Motivation
- I am busy running my successful marketing agency Momentum Digital and also doing
- Transition Support
- I can help with 1-2 months of takeover support
- Financing Options
- Prefer cash up front or you can pay $5000/month for 3 months plus $2500 interest
Listing Info
- ID
- 2438758
- Listing Views
- 71
Attached DocumentsAttachment Disclaimer
Center City Store Averages P&L Monthly.xlsx
Business Location
Listing ID: 2438758 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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