T-Mobile Cell Phone Store #000352

Fort Worth, TX (Tarrant County)

T-Mobile Cell Phone Store #000352

Asking Price:$59,000

Cash Flow:$35,541

Gross Revenue:$383,081

EBITDA:N/A

FF&E:$25,000

Inventory:$2,000

Rate/Sq. Ft.:N/A

Established:2014

T-Mobile Cell Phone Store #000352

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Business Description

Authorized dealer of a nationwide mobile service provider located next to a busy intersection with strong retail presence is available for acquisition. This business was established from ground-up in early 2014 and built with a gorgeous interior design to represent the sub-dealer for this well-known mobile service provider. All return customers are middle-class individuals and/or families from the nearby neighborhoods that have created a monthly payment plan including any other services. Sales average $27,000 - $30,000/month with increasing sales each year since the first month of operation in 2014. No marketing is done locally that is being undertaken by the owner of the business which is crucial to the further growth of this operation. In the current modern era, demands for cellular devices have sky-rocketed and most individuals from any walk-of-live can afford to repair or upgrade their phones every 2-3 years. Although the amount of customers that this business currently receives each month generates ample revenue, there are many untapped marketing methods to grow this business as well as grabbing different demographics to expand the current customer base. Location of this store is in an optimal area for high visibility and new customer acquisition since this business is anchored by a nationwide retailer for home goods and other major nationwide retailers. Various services/products are provided at this business such as post pay plans, pre-pay plans, smart phones, Alcatel quality cell phones, cell phone accessories, and payment services for monthly plans. As the growing business, this is a fantastic asset to any potential Buyer who wants to build this business to optimal efficiency through proactive marketing.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in 1,736 SF retail strip center with many nationwide retailers anchoring this business with heavy customer traffic. All equipment is impeccable condition and in working order.
Competition:
No direct competition is within the immediate market area that is notable.
Growth & Expansion:
Proactive marketing in the local area is crucial to the growth of this business as there's no marketing done in present time. Lack of customers will never be an issue since almost all individuals from low to upper class brackets has a cellular device in the 21st century each replacing and/or repairing their phones every 2-3 years.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
Owner will provide training during a 2 week period for a smooth transition into the business. Paid training can also be given if needed for a term of 3 months.
Reason for Selling:
Other Opportunities.

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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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. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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