Verizon Wireless Store For Sale

Contact Seller
#1 Wireless Carrier In The U.S
Asking Price:
$70,500

Gross Revenue:
$375,805
Cash Flow:
$70,000
EBITDA:
$70,000
Inventory:
 Not Disclosed

FF&E:
$18,000
included in asking price

Share this business:

Business Description

Nationally Ranked #1 Wireless Carrier by Root Metrics 8 years in a row, this is your chance to buy an exclusively approved Verizon Wireless retail location.

The location has an excellent location in the affluent Long Beach area with tremendous traffic counts that equal over 60,000 vehicles per day at this intersection alone. Popular nearby retailers include: Target, CVS Pharmacy, Chevron, Jiffy Lube, Jack in the Box, Denny's, Motel 6, FedEx Office and many more.

With low rent and low general overhead, the right owner operator can turn six figures of income in this highly visible end cap location. It has been ran semi-absentee by current owner due to having multiple business ventures.

Amazing upside potential with the right buyer! 5G Wireless is around the corner (Verizon is first to 5G already with select markets, Greater LA is already LIVE!) New 5G compatible phones launching early to mid 2019 which will generate the need for current customers to upgrade to gain the new 1GB fast internet speeds.
New owner-operator can also provide cell phone repairs (current owner can provide some leads to get started). 5 phone repairs a day can easily add additional $4500 in monthly revenue. Additional revenue can be generated by proper owner operator by transferring over existing contracts for Home Security sales and Home Cable/Internet Sales.

LOCATION LOCATION LOCATION! Be Seen By 60,000 Cars Per DAY!

No Royalties. No Franchise Fees.

Priced for a quick sale! For more information, please inquire below.

About the Business

Year Established:
2018
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
700
Rent:
$3.75 Per Month
Facilities:
Signage, Fixtures, Dummy Phone Displays, All Marketing Material, Inventory Safe .. Included.
Market Outlook/
Competition:
Verizon has the best brand recognition in the wireless industry and by having the best ranked national cellular reception and service set a Verizon store apart from any typical wireless location. This store is located 2.6 Miles+ away from other similar locations, and has a set 2-3 mile protection from carrier to prevent over lapping saturation to this location.
Growth & Expansion:
The right owner has tremendous upside by adding: cell phone/computer repairs, marketing to local community through events and outreach, Small-Medium business sales, focusing on additional services to sell such as home security/home cable internet. Becoming a full one stop shop for all wireless needs.
Contact the Seller

About the Sale

Reason For Selling:
Owner Relocating To East Coast For Family Reasons. Selling All Locations.
Training/Support:
Training provided by the Carrier and Master Agent. Carrier phone support available daily during operating hours. Seller will provide smooth transitional training for 10 days.

Listing Info

ID:
1413566
Ad Detail Views:
223

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Ahmed Ayaz
U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.