IPhone Mobile Phone Retail Store - 28889

Middlesex County, MA

IPhone Mobile Phone Retail Store  - 28889
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Asking Price: Get Financing: $309,000

Cash Flow: $108,000

Gross Revenue: $1,477,628

EBITDA: N/A

FF&E: $10,000

Inventory: $27,000

Established: N/A

IPhone Mobile Phone Retail Store - 28889

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Business Description

This is for two branded cell phone stores located in the same town in very busy retail areas with reasonable rent (rent stated is for both stores). Under same ownership for 10 years selling phones, cell phone service plans, and minor repairs. Business has been increasing over 30% a year due to outstanding customer service. Owner now only works 10-15 hours a week. He will train a new buyer how to best maximize profit! Work full time to decrease payroll and increase profits! There are no other locations available in this area for this carrier, and to open a new store would cost $500K! Great opportunity to get into this business that continues to grow every year! Experience in the cell phone/electronics industry would be helpful.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
309,000.00 Down
Support & Training:
The seller will train the new owner.
Reason for Selling:
Owner is moving out of state.
Business Website:
http://www.vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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