2 Profitable Verizon Wireless Stores

Los Angeles County, CA

Seller Financing Available
2 Profitable Verizon Wireless Stores
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Asking Price: $179,500

Cash Flow: $165,000

Gross Revenue: $1,729,526

EBITDA: $165,000

FF&E: $45,000

Inventory: N/A

Established: 2016

2 Profitable Verizon Wireless Stores

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Business Description

#1 Wireless Carrier In The U.S

Nationally Ranked #1 Wireless Carrier by Root Metrics 8 years in a row, this is your chance to acquire 2 exclusively approved Verizon Wireless retail locations in the Los Angeles County, CA.

Owning the rights to offer clients the best in wireless services comes once in a lifetime. These locations have proven to be a profitable owner-operated business generating solid positive cash flows.

New owner-operator can take advantage of the existing demand for phone repairs by offering repair services. Details on how to get repair services started can be provided per request. Averaging 5 repairs a day can add an additional $4500 in monthly revenue.

Additional revenue can also be generated by transferring over existing contracts and license's for smart home security sales. With Verizon's 5G technology already live in the greater L.A. area, home services can be offered to all Verizon and Non-Verizon customers alike, increasing the foot traffic into the locations, which will provide additional sales opportunities for other services/products offered.

No Royalties. No Franchise Fees. OWNER MUST MOVE - BRING OFFERS!

Detailed Information

Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Signage, Fixtures, Phone Displays, Marketing Material, Inventory Safe .. all included!
Competition:
Each location is 3 Miles+ away from other retail locations, and has a set 2-3 mile protection from carrier to prevent over lapping saturation.
Growth & Expansion:
The right owner has tremendous upside by adding: cell phone/computer repairs, marketing to local community through mailers, events and outreach, Small-Medium business sales, focusing on additional services such as smart home security/home cable internet. Becoming a full one stop shop for all wireless needs.
Financing:
Offers Reviewed For Serious Buyers
Support & Training:
Training provided by the carrier and master agent. Carrier phone support available daily during operating hours. Seller will provide smooth transitional training for 10 days.
Reason for Selling:
Owner must relocate to the east coast ASAP due to a family emergency.
Franchise:
This business is an established franchise
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Contact the Seller

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Business Listed By:
Hammad Alam

Listing Statistics

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Demographic Information

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