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Business for Sale Summary

TWO Cell Phone Stores - 11824

Business Type: retailing businesses,electronics & technology,misc. retail/non-classifiable
TWO Cell Phone Stores
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Financial Information (non-confidential)

General Information
Asking Price $900,000 Down Payment $350,000
Gross Revenues $730,000 Lease Remaining Register Free to View
Owner’s Cash Flow $303,900 Number of FT Employees Register Free to View

Financing

$350,000 Down and Negotiable

Business Description

These two cellular phone stores are located: one in Suffolk County, the other in Nassau County. Both are attractively located in shopping malls. Both the stores, combined, make 350 activations a month; as a matter of fact, according to AT&T's survey, owner's one store is one of the top producing revenues stores on Long Island. As per owner's statement, the net cash flow, after excluding all the expenses, is $300,000 a year. Both the stores are well-managed and are equipped with very skillful and knowledgeable employees. A new owner will enjoy working with these employees. The owner is also generous to finance the business to a qualified buyer. Don't pass up this ideal business opportunity! Owner is a designated dealer of AT&T, Sprint, Nextel, and Verizon.

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.