Well Established Cell Phone Buy-Back & Resale Business

Palm Beach County, FL

Seller Financing Available
Well Established Cell Phone Buy-Back & Resale Business

Asking Price:$800,000

Cash Flow:N/A

Gross Revenue:$1,023,459




Rate/Sq. Ft.:N/A


Well Established Cell Phone Buy-Back & Resale Business

Get Financing Save Print Share Valuation Report

Business Description

Established in 1997, this unique business is focused on buying back cell phones and reselling the used units, as well as accessories, through the internet. Phones taken in are tested and inspected. The company buys used units from a large network of clients it has developed through the years. The key to success is buying large quantities of used cell phones at the right price. The majority of sales derived from its website and other e-commerce sites. Low O/H. Limited competition. Can be easily expanded. Please refer to listing number 6401-61930 and advisor Angel Gonzalez when inquiring.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Lease/Month: 2230 Square Footage: 1800 Building Type: Office Bldg Terms & Options: Long term lease available Expiration Date: 7/1/2017
The competition is limited to a few large national companies and some small local players. The Company’s competitive advantage is the local nature of the business, and the fact that they are much nimbler than their competitors. They get many buy-back opportunities through word-of-mouth referrals and long established commercial and government clients.
Growth & Expansion:
The Company is constantly implementing changes to improve the work flow of the buyback business in order to become more efficient and profitable. The growth in the industry is three-fold: increase buybacks, figure out how to have higher profits on resales, and improve efficiency through the entire process. The seller has developed a number of strategies to achieve his goals and would like to sell the business ideally to a well-capitalized strategic buyer that can implement these strategies with the seller’s continued assistance. The ultimate goal is to become the premiere boutique buyback and re-sale cellular phone company in the USA.
Seller will finance $200,000 at 5% for 36 months equaling $5,994.18 per
Support & Training:
Seller will train for two weeks at no additional cost
Reason for Selling:
career change

Listing Statistics for Premium Members

Ad#:1291371 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn how to use your 401k or IRA to fund a business - save 40% in fees. Business Funding Trust
Contact Seller Loading

Angel Gonzalez

Business Listed By:
Angel Gonzalez

Transworld Business Brokers

Show Phone Number

View My Listings

Sponsoring Broker:
Andrew Cagnetta

Find out more...

Get more details about this business.

Similar Listings

Husse Pet Food Delivery

Franchise Opportunity In FL
Capital Required: $22,000