Retail - Miscellaneous Retail | Communications

Asking Price	$150,000	Inventory	$10,000*
Gross Income	$284,824	Real Estate
Cash Flow	$68,830	Year Established	1990
FF&E	$13,000*	Employees	3

* included in the asking price

** not included in the asking price

This is currently an absentee business. The owner spends about five hours a week in the business. The business has been in operation since 1990 and provides cell phones and accessories. The business is in a popular downtown area and is one of the very few available for downtown workers. The primary product is especially popular with customers and they continue to visit the store on a regular basis. The business also has a check free service for many local utility companies and some other businesses. Customers pay their bills here and this generates both traffic and commissions.

Facilities: The business operates in a store front with 472 square feet. The rent is $500 per month but may be raised about 10% when the business is sold. The tenant pays taxes, insurance and utilities.

Competition: This is a cell phone business and competition is ample. However, the location of this business gives it a convenience factor for many customers.

Growth/Expansion: Additional items for sale would be the best approach to expanding sales.

Support/Training: The owner will provide assistance to assure a smooth transition.

Reason Selling: Owner is retiring.