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Absentee Run. Huge Price Drop. Established Tech Repair and Sales

Saint George, UT (Washington County)

Absentee Run. Huge Price Drop. Established Tech Repair and Sales
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Asking Price: $56,000

Cash Flow: $34,000

Gross Revenue: $91,000

EBITDA: N/A

FF&E: $6,000

Inventory: $4,000*

Rent: $600 /Month

Established: 2012

*not included in asking price.

Absentee Run. Huge Price Drop. Established Tech Repair and Sales

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Business Description

One of a very few licenses available in St. George

This retail store has found success in the niche of service and sales of pre-owned cell phones, computers and other electronic devices, with a special focus on cell phone repair and related items. This brand is well known in the community and has a great location on a busy road. They service many repeat customers and have a steady stream of income.

Detailed Information

Location:
Saint George, UT
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Retail shop on a busy road. The business was open years ago and has enjoyed the success of profitability and longevity. This opportunity offers a thriving model that can capitalize on multiple revenue streams, a potentially vast customer base and specialization in brands with high customer loyalty. This is a hot and emerging industry and with this business you get all the benefits and training from buying an established business for less than what it would cost to open new franchise. Not to mention you will save yourself from never-ending franchise fees.
Competition:
There is limited competition in the area. The business pulls from the entire city that is ranked one of the fastest growing in the country. The price of smart phones continues to rise making repair a more appealing choice than buying a new device.
Growth & Expansion:
The owner has navigated through all the pains to get the business up and running. He has established a customer base and knowledge of his location he is willing to pass on to the buyer. There is potential to continue to grow with a focus on marketing and exploring alternative revenue streams including device sales, trade-ins, and online sales.
Support & Training:
2 weeks
Reason for Selling:
other opportunities
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Dan Leroy

Business Listed By:
Dan Leroy

Transworld Business Advisors of Utah

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Sponsoring Broker:
Saul Komisar

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Demographic Information

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