Smart Phone/Tablet/Computer Repair - 3 Stores

Benton County, AR

Smart Phone/Tablet/Computer Repair - 3 Stores

Asking Price:$299,000

Cash Flow:$133,233

Gross Revenue:$1,048,175





Smart Phone/Tablet/Computer Repair - 3 Stores

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Business Description

Under Contract - Scheduled Closing November 30th

The business was started in 2012 by two ATT&T employees. Their knowledge of the industry and connections to resources and technicians have helped them create a solid foundation to build on. This company is ready to grow with additional capital and/or franchising.

The stores run without the owner's day to day involvement which was the point were the owners had originally agreed to sell and move into other businesses. One owner has already done that leaving the remaining owner to sell.

AEGIS works with several Commercial and SBA lenders should you need assistance in obtaining a loan for the purchase of this business.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
All locations are in modern highly visible and active locations with plenty of parking and street traffic. Leases are below market rate and have 2-4 years before renewal. Lease available for review during meeting with seller.
The market is ever expanding and though there are new entries into the market from time to time, most are under capitalized and and find it hard to compete with established companies in high traffic locations and provide the same quality and level of service. Most are gone when their first year lease is over. The owners of this company have done extensive research in each market prior to entering it and maintain steadily increasing sales levels at all stores.
Growth & Expansion:
Smart devices continue their rapid growth and no matter how tough they are made they still get damaged and need service. The business is mostly smart phone repairs, resales and accessories with increased tablet, computer and game repairs. Capital investment in rebuilt phones for sale and equipment to remove damaged glass from expensive screens could increase margins and allow for taking in work from other companies.
Support & Training:
The company is set up for absentee ownership with managers at each location with one manager also operating as general manager. Owner will make himself available for two weeks post closing for one on one training and beyond if needed.
Reason for Selling:
Bought another unrelated business

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Richard Roberts

Business Listed By:
Richard Roberts

AEGIS Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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