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Business for Sale Summary

Queens Cell Phone Shop - 26703

Business Type: retailing businesses,wireless & mobile phone
Queens Cell Phone Shop
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Financial Information (non-confidential)

General Information
Asking Price $130,000 Down Payment $130,000
Gross Revenues $408,000 Lease Remaining Register Free to View
Owner’s Cash Flow $195,140 Number of FT Employees Register Free to View


$130,000 Down and

Business Description

This nationally known cellular business is located on one of the busiest roads in Queens. The present owner has been running it for over twelve years. If location is important, then this cellular business has the best business surrounding as it is the only one in the busy area. Walk-in traffic is heavy and steady throughout the day. The business does over 200 activations a month; it, furthermore, sells accessories worth $8,000 a month, which gives a huge profit margin to the business. It also earns around $2,000 a month, in residual. Interior is laid out beautifully, as directed by the franchiser. The seller wants to sell it, because he, due to a family reason, is moving into another state. The seller's net cash flow, after paying all the expenses, is over $16,000 a month. Call 1-877-735-5224 for more information. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.