Electronics Repair Shop - Cellphones, Gaming Consoles, & More

Chatham County, GA

Electronics Repair Shop - Cellphones, Gaming Consoles, & More
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Asking Price: Get Financing: $250,000

Cash Flow: $81,799

Gross Revenue: $254,109

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2016

Electronics Repair Shop - Cellphones, Gaming Consoles, & More

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Business Description

Get in on the ground floor on an emerging market. This electronics repair shop offers a profitable model that takes advantage of multiple revenue streams, a vast customer base, and high customer loyalty. This shop is a one-stop location for all electronic needs including;

- Retail sales of cellphone and tablet accessories
- Cellphone repair services
- Tablet repair services
- Computer repair services
- Game console repair services
- Television repair services

Bottom line: In our increasingly digital world, our electronics are our link to friends, family, work, and everything in between. This shop provides a necessary service to our customers who a broken cellphone screen fixed, lagging computer, or a host of other problems.

Training and Support
The Seller’s goal is to ensure that you have the technical, business, and marketing expertise required to serve your community. Therefore, he is offering personal one-on-one training, at no additional cost, after closing to the buyer. Additionally, he is willing to communicate with the buyer after training is complete. Seller is planning to sell this location, move to California, and open a shop there.

Investment
This is business qualified for SBA financing which means that you only have to pay 10% down to own this business. Seller is also willing to offer seller financing to select buyers if it is needed. Let the business pay for itself!

Detailed Information

Facilities:
The business is located in midtown Savannah, GA. The location is a spacious 1,200 square feet & in a safe area. It is easily accessible from all areas of Chatham County and outlying Bryan and Effingham Counties. There’s also plenty of FREE, on-site parking. The company was opened in 2016 because the owner loved to repair electronics. This business has grown in gross revenue from $82,862 in 2016 to $254,109 in 2017. The net growth went from $6,423 in 2016 to $81,799 in 2017. There is a 33% profit margin. Through his time in business, the owner has built trusted relationships with competitors who bring their clients’ broken technology to him for repairs. The owner decided to sell this location in order to relocate to the west coast. He is willing to provide up to 1 month of training at no additional cost. This business does qualify for SBA financing.
Competition:
This business is one of the only phone repair companies not limited to only Apple products. They are top ranked in Google searches for TV and phone repairs in Savannah as well as top ranked in reviews with 4.9 stars on Google. The business is located in a SAFE section of midtown Savannah, GA. The location is a spacious 1,200 square feet. It is easily accessible from all areas of Chatham County and outlying Bryan and Effingham Counties. There’s also plenty of FREE, on-site parking.
Growth & Expansion:
This business 306% growth from 2016 to 2017. It is one of the only phone repair companies not limited to only Apple products. They are top ranked in Google searches for TV and phone repairs in Savannah as well as top ranked in reviews with 4.9 stars on Google.
Support & Training:
4 weeks
Reason for Selling:
relocating
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Contact the Seller

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William Reyes

Business Listed By:
William Reyes

Transworld Business Advisors of Savannah

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