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High Volume Verizon Dealer

Florida (Monroe County)

Retail - Miscellaneous Retail | Communications

Asking Price $600,000 Inventory $16,000* 
Gross Income $1,251,550 Real Estate  
Cash Flow $336,837 Year Established 2005
FF&E $20,000* Employees 7

* included in the asking price

** not included in the asking price

This franchised cellular store is currently run absentee. Great location makes it a very busy store. Trained employees run store, owner can view store remotely. Excellent books and records, there are very few cellular stores like this in Florida. Non-compete is governed by franchise.

Facilities: The business is located in a shopping center adjacent to US highway 1. The store is 1250 square feet plus 400 square feet of mezzanine. The present lease expires in February, 2013 and has two five year options. Current rent including the CAM charge is $5,560 per month. Seller has just completed, July 2009, negotiations with the landlord to reduce the rent by $645 per month.

Competition: This is the number one rated cellular carrier. The franchise is rated number 1 in their category. The location of the business makes it difficult for competitors.

Growth/Expansion: The business has shown growth every year.

Support/Training: Seller will train for 2 weeks at no charge. Buyer will also need to attend the Franchise Training course.

Reason Selling: Other business pursuits

Business For Sale By

Brian T. Bateson, BCI

407-772-2340

Bateson Business Brokerage, Inc.

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