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Business for Sale Summary

IPhone Mobile Phone Retail Store - 28889

Business Type: misc. retail/non-classifiable,wireless & mobile phone,misc. servicel/non-classifiable,other business services,electronics & technology
IPhone Mobile Phone Retail Store
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Financial Information (non-confidential)

General Information
Asking Price $309,000 Down Payment $309,000
Gross Revenues $1,477,628 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$309,000 Down and

Business Description

Two major cell phone carriers are merging. This merger will require a large number of new customers to renew their plans. This is a huge windfall for retail stores to capitalize on this. Don't miss out in this opportunity! Owner's cash flow is increasing! Great opportunity for a business that continues to grow! This is for two branded cell phone stores, located in the same town. These stores are in very busy retail areas, with reasonable rent (rent stated is for both stores). They have been under same ownership for ten years, selling phones and cell phone service plans, and doing minor repairs. Business has been increasing over 30% per year, due to outstanding customer service. Owner now only works 10-15 hours a week. He will train a new buyer how to best maximize profit. Work full-time to decrease payroll and increase profits. There are no other locations available in the area for this carrier, and to open a new store would cost $500K! This is a great opportunity to get into a business that continues to grow, every year. Experience in the cell phone/electronics industry would be helpful. Call today for more information. kg

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.