2018 #24 Entrepreneur Top Franchise

Columbia, MO (Boone County)

2018 #24 Entrepreneur Top Franchise
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Asking Price: $20,000

Cash Flow: N/A

Gross Revenue: $138,700

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $2,171 /Month

Established: 2014

*not included in asking price.

2018 #24 Entrepreneur Top Franchise

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Business Description

CPR Cell Phone Repair Priced To Go

This location has been open since 2014. It has the up to date / compliant look for CPR. It's located in a heavy college town with the University of Missouri (Mizzou) very close by. Located in a growing shopping center - the location is great. Sprint, US Cellular, and Gamestop are plaza neighbors (with good relationships) with other carriers not too far away. It is an Authorized ZAGG warranty center, no other in town. A population of over 120,000 in the Columbia city alone, not including a ton of outlying towns.

Our reviews are decent: 4.4 Google, 4.0 Facebook, 3.5 Yelp.

This location is being sold as it's outside of our existing store territories and can't support it the way we'd like. An owner who has roots in the area would help propel this store to the next level.

This location is priced to go. With a 100% corporate compliant store look. The sale would include all store fixtures and equipment. No inventory (negotiable) MOTIVATED TO MOVE QUICK!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
4/1/2020
Employees:
2
Facilities:
Currently leased until April 2020. All furnishing in great shape.
Competition:
There are a few other repair stores in the area, but none are able to do the amount of repairs CPR can. CPR is also the only ZAGG authorized warranty center. There is a competing store that recently opened in the same plaza focusing on accessories first, but also perform repair.
Growth & Expansion:
Home services is next up for this business to grow further. Doing smart home installs and repairs are the next evolution of the company. We've started doing them in our St. Louis stores, but Columbia being remote - we haven't been able to push the needle with these services.
Support & Training:
CPR corporate provides mandatory training.
Reason for Selling:
Unable to service this location like others in our franchise.
Franchise:
This business is an established franchise
Business Website:
http://www.cellphonerepair.com/columbia-mo
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Business Listed By:
Chris Phillips

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