3 Location Cell Phone Repair Stores

Fort Worth, TX (Tarrant County)

3 Location Cell Phone Repair Stores
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Asking Price: Get Financing: $379,000

Cash Flow: $239,016

Gross Revenue: $940,969

EBITDA: N/A

FF&E: $50,000

Inventory: $40,000

Lease Rate: $2.28 /Month

Established: 2012

3 Location Cell Phone Repair Stores

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Business Description

Three location cell phone repair stores within the DFW area and with a very low cost to open new locations are available for acquisition. The first location was established in late 2009, the 2nd location in mid-2012, and the 3rd location in late 2013 by the current owner of the business. These businesses are all within retail strip centers that are surrounded by heavily populated residential neighborhoods. Most of the customers for each location come from these populated residential neighborhoods as well as from all around the DFW area looking for a quick repair service for their cellular devices. The combined net sales average of all locations is expected to be around $950,000 - $1,100,000/year in 2017 that has much more room to grow. Marketing has been done throughout the last several years with print and internet Ads, but other forms of proactive marketing is needed to generate more revenue. Although b2b isn't the most optimal source of increasing sales, this business can utilize b2b services for the nearby schools, companies, public facilities, and local businesses. Another method of generating more revenue would be to strategically place new locations within heavily populated residential cities or placing the new location within a corporate area where b2b services can be utilized to its full potential. These businesses provide a wide range of products and services such as iPhone repair, Samsung galaxy phone repair, broken screen repair, tablet repair, phone accessories, protection plans, and warranty services for each product. These businesses have one-of-the-most competitive price points within their areas and just needs a little bit of proactive involvement from a potential buyer to generate more revenue.

Listing ID #000435
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
N/A
Employees:
5FT/3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All locations are within retail strip centers with low cost to build and can easily acquire customers through superior service instead of pricing. All equipment is in impeccable condition and in working order.
Competition:
Competition is expected for each location, but these businesses provide superior customer service and warranty services that other competitors can't replicate.
Growth & Expansion:
Some marketing is done through print and internet Ads, but proactive marketing to individuals instead of businesses is necessary to generate more revenue.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The current owner of the business will provide the necessary training to provide a smooth transition into the business operation.
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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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