Turnkey Phone Repair Store – High Foot Traffic, Strong Profits
Business Description
This turnkey cell phone and computer repair business represents an exceptional opportunity to acquire a profitable operation in Oakland County's desirable Novi market. Established in 2012, Phone Clinic Novi has built a strong reputation for fast, reliable repairs and exceptional customer service.
FINANCIAL PERFORMANCE:
- Annual Revenue: $253,000
- Cash Flow (SDE): $67,749
- EBITDA: $45,000
- Asking Price: $150,000
- Low overhead model with $1,950 monthly lease through January 2026
BUSINESS OVERVIEW:
The 1,500 sq ft facility specializes in iPhone, iPad, Android, and tablet repairs with minimal inventory risk. Revenue comes primarily from high-margin repair services rather than retail sales, creating consistent profitability. The business operates successfully with minimal owner involvement, making it ideal for absentee ownership or owner-operators.
LOCATION ADVANTAGES:
Situated in a high-traffic retail center in affluent Novi, the store benefits from excellent visibility and strong demographics. The recession-resistant nature of device repair, combined with rising device costs and longer upgrade cycles, ensures steady customer demand.
GROWTH OPPORTUNITIES:
Significant expansion potential exists through:
- Certified pre-owned device sales
- Accessories and protection plans
- Prepaid wireless services and bill pay
- Device buyback programs
- Corporate accounts
- Enhanced digital marketing
INCLUDED ASSETS:
- Professional repair tools and equipment
- Complete workstation setup
- POS system with customer database
- Security system and cameras
- Parts inventory ($7,000 value)
- All fixtures and furniture ($30,000 FF&E value)
SUPPORT:
Seller provides 30-day transition training plus ongoing phone/text support to ensure successful handover. Established supplier relationships and streamlined operations facilitate smooth ownership transfer.
Seller financing available. Owner selling to focus on other ventures, creating opportunity for motivated buyer to acquire this established, profitable business in Metro Detroit's strongest retail market.
FINANCIAL PERFORMANCE:
- Annual Revenue: $253,000
- Cash Flow (SDE): $67,749
- EBITDA: $45,000
- Asking Price: $150,000
- Low overhead model with $1,950 monthly lease through January 2026
BUSINESS OVERVIEW:
The 1,500 sq ft facility specializes in iPhone, iPad, Android, and tablet repairs with minimal inventory risk. Revenue comes primarily from high-margin repair services rather than retail sales, creating consistent profitability. The business operates successfully with minimal owner involvement, making it ideal for absentee ownership or owner-operators.
LOCATION ADVANTAGES:
Situated in a high-traffic retail center in affluent Novi, the store benefits from excellent visibility and strong demographics. The recession-resistant nature of device repair, combined with rising device costs and longer upgrade cycles, ensures steady customer demand.
GROWTH OPPORTUNITIES:
Significant expansion potential exists through:
- Certified pre-owned device sales
- Accessories and protection plans
- Prepaid wireless services and bill pay
- Device buyback programs
- Corporate accounts
- Enhanced digital marketing
INCLUDED ASSETS:
- Professional repair tools and equipment
- Complete workstation setup
- POS system with customer database
- Security system and cameras
- Parts inventory ($7,000 value)
- All fixtures and furniture ($30,000 FF&E value)
SUPPORT:
Seller provides 30-day transition training plus ongoing phone/text support to ensure successful handover. Established supplier relationships and streamlined operations facilitate smooth ownership transfer.
Seller financing available. Owner selling to focus on other ventures, creating opportunity for motivated buyer to acquire this established, profitable business in Metro Detroit's strongest retail market.
About the Business
- Years in Operation
- 13
- Employees
- 2 (1 Full-time, 1 Part-time)
One main employee and one part time employee - Facilities & Assets
- This business operates from a well-maintained retail space located in a high-traffic area with strong repeat customer flow. The facility is clean, organized, and fully equipped for device repair and retail sales.
- Market Outlook / Competition
- The device repair industry remains stable and in high demand as consumers choose to fix phones and tablets rather than replace them. Rising device costs, insurance deductibles, and longer upgrade cycles continue to drive consistent repair volume. Accessory sales and protection plans also support steady revenue, making this a resilient, recession-proof sector.
- Opportunities for Growth
- The business currently focuses almost entirely on repair revenue and does not stock devices or accessories, leaving significant room for expansion. A new owner can increase sales by adding certified pre-owned devices, accessories, screen protectors, and cases. Additional profit centers such as bill pay services, prepaid wireless activations, and device buyback programs can further boost traffic and margins. Marketing efforts, local partnerships, and online sales channels offer even more upside.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $1,950.00 per month
- Lease Expiration
- 1/31/2026
About the Sale
- Seller Motivation
- The owner is pursuing other growing business ventures and no longer has the time
- Transition Support
- The seller will provide a 30-day transition period to ensure a smooth and successful handoff. The seller will also be available for phone and text support to answer questions and assist with any challenges that arise.
- Financing Options
- Seller financing is available
Listing Info
- ID
- 2446965
- Listing Views
- 21
Listing ID: 2446965 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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