Profitable Cellphone Repair Shop in Prime Mall Location& Computer

Dallas, TX (Collin County)

Profitable Cellphone Repair Shop in Prime Mall Location& Computer
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Asking Price: $109,000

Cash Flow: $63,544

Gross Revenue: $173,866

EBITDA: N/A

FF&E: $25,000

Inventory: $5,000*

Established: 2010

*not included in asking price.

Profitable Cellphone Repair Shop in Prime Mall Location& Computer

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Business Description

Popular cellular repair store placed in a very reputable prime shopping center with a well-built customer base is available for acquisition. This business was established nearly a decade ago by the current owner of the business in 2010. Most of the customers are a wide range of demographics with ample amount of disposable income that live in the surrounding densely populated residential neighborhoods and walking traffic from the consumers driving on the major highway next to this business. Net sales average is projected to be $175,000 this year in 2018 and its profitability is going up as material cost is going down in a drastic pace. Although marketing is in place, other proactive marketing tactics needs to be fully utilized for this business to achieve maximum income capacity while gaining new customers that is within the local immediate market area. Competition is very small as this industry was only introduced in the mid-2000s, but the few competitors within the local area is mostly home-based and doesn't provide after sale services as well as warranties for the repairs. There are many ways to proactively market this business such as direct mailing, social media outlets, flyers, student discounts and full-time owner involvement. Having a full-time owner-operator in the business will be extremely beneficial to increasing quality of customer service as well as decreasing payroll expenses on additional employees or managers. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000739
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Employees:
1FT/1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1,408 SF space of an open mall that is surrounded by many high-end retail and corporate businesses that has immense walking traffic throughout the day.
Competition:
Few competitors are within the immediate market area, but majority of the competitors are home-based and doesn't provide warranties as well as after sales support in which this business provides.
Growth & Expansion:
Some marketing is done though online methods, but other proactive marketing tactics needs to be utilized to generate more cash flow.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly 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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