Successful Pre Owned Apple Clearwater, FL Location for Sale.

Clearwater, FL (Pinellas County)

Seller Financing Available
Successful Pre Owned Apple  Clearwater, FL Location for Sale.
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Asking Price: $270,000

Cash Flow: N/A

Gross Revenue: $400,249

EBITDA: N/A

FF&E: $78,000

Inventory: $41,000

Established: 2016

Successful Pre Owned Apple Clearwater, FL Location for Sale.

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Business Description

This is an established store that has consistent growth (+35% YOY), a strong customer service reputation (98%), and a strong staff. Turn-key. Best of all, it is profitable and averaging each month well above break even. Store has an established customer base over 2 years with plenty of growth potential in the area. New construction.

The demand for an Apple-focused retail and service provider in the area is very strong with no other competent options available to the market

Detailed Information

Location:
Clearwater, FL
Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Furnishings Included: Front-end shelving, display cabinets, POS system. Back-end shelving, work benches, repair tools, BOH server and manager office desk and chairs. Complete list available upon request. Furnishings leased. Inventory included: Computer, Laptops, Phones, Tablets, Accessories, Mobile repair parts, Computer repair parts, Office supplies. Real Estate included: Exterior pylon signage (2), wrapped Jeep Grand Cherokee Loredo, 2006. Facilities moved to new location in 2018, new construction.
Competition:
Business located in heavy residential area with good/even affluent and middle-class mix. Major competitive advantage all around is customer service reputation and turnaround over competition in general. 4.9 star in google, 5 star Yelp, Facebook, etc. over a 2-year period. Mobile Service Competition: scarce, not overcrowded. Competitively priced along with 1st time customer incentives. Mobile Service Competitive advantage: Only business offering OEM mobile part replacements and tablet combo screen discounts. Strongest relationship among Mobile Carriers. Offer non-Apple mobile repairs. Computer Service Competition: only 1 Apple-related service provider in area (not authorized). This competitor is not meetings customer's expectations and we continuously gain market share. Computer Service Competitive Advantage: Offer repairs quicker than any competition in area. Offer services for non-Apple computers. B2B: offer on-site install and service for existing customers.
Growth & Expansion:
Business is successful and currently growing +35% year over year. Growth Expansion possibilities include further reach out to local schools and churches. Many churches have existing accounts, many more in area are available. Hotel being built in plaza (not obstructive). Landlord has guaranteed room flyers and plaza businesses to be included in hotel guide for guests. Outside sales representative suggested to push B2B relationships for larger accounts, and additional mobile carrier followup. Direct Marketing via email (100,000 local emails available to Buyer) and mail will aid in more brand awareness. Additional monthly Google Ad contribution to maximize customer base.
Financing:
150,000
Support & Training:
Support training available to the buyer includes 3 weeks of additional training in store after UFG's 2-week brand training at corporate and 2 week tech/marketing training period in store. Training for owner and one employee. Includes hands-on front of house & back of house training.
Reason for Selling:
Owner has successfully met store growth goals and reached his 2-year anniversary
Franchise:
This business is an established franchise
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