Cellphone Repair Store For Sale in NY - 35346 Business Type: absentee business,electronics & technology,internet businesses,misc. service/non-classifiable,repair services,wireless & mobile phone
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $400,000 | Down Payment | $400,000 |
| Gross Revenues | $600,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $210,000 | Number of FT Employees | Register Free to View |
Financing
$400,000 Down and TBD
Business Description
This established, absentee-run, busy, and highly profitable cell phone plan and service store offers extremely high-margin repairs and earns significant commissions from major carrier plans.
According to the seller, the buyer would net $210,000 annually after all expenses.
The store is currently managed absentee, with the owner residing in Florida.
All transactions are recorded and documented in the POS system.
The store holds an Electronic and Home Appliance Service Dealer License, a Secondhand Dealer License (authorizing "cash for gold" transactions), and an Electronic Store License.
The landlord is very accommodating and will assist with the lease transfer, which comes with low rent.
The seller is willing to stay on and ensure a smooth transition, providing all necessary training.
To learn more, please contact the broker, Brian Bernstein at 929-969-0007.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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