Tech, Video Games, Cell Phones & Pop Culture Store

Jacksonville, FL (Duval County)

Tech, Video Games, Cell Phones & Pop Culture Store
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Asking Price: $85,000

Cash Flow: $85,000

Gross Revenue: $350,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,500 /Month

Established: 2018

Tech, Video Games, Cell Phones & Pop Culture Store

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Business Description

Highly Profitable - Buy Sell Trade Tech, Video Games, Electronics Etc

Very profitable unique business located in a shopping mall. We buy Sell & Trade Tech, Cell Phones, Video Games, Consoles, Tablets, Comics, Media & Collectibles. The selling price includes stock, fixtures, fittings and full support for one month. This business is competitively priced as we are looking for the right person to expand our brand.
There are always people who must be first to have the newest, latest and the most up-to-date lines in whatever they purchase. As they upgrade to whatever is new this week, they are looking to dispose of "last week's model". Most of us, however, are content with "last week's model", and if we can pay less by purchasing a slightly used item, we are more than happy. One man's trash is another man's treasure.
This works perfectly with our product range - whether it's video games, DVDs, mobile phones, handhelds, digital cameras and camcorders, MP3 players, computers and computer accessories etc. The size of this market hardly needs to be described.
It's enormous and it's growing, fueled by the recession as the populations need to seek better value for money as well as generate additional cash.

Our confidence of future growth is based on these simple facts:

The market so far has proved large, enthusiastic and has consistently grown.
We are trading in an area where changes occur rapidly - new products and upgrades of existing ones have become almost a daily occurrence. It's always fresh.
The growth and success of Internet auction sites illustrates people's willingness to buy second-hand - our own experience confirms it.
Human nature is acquisitive, and with the two types of individuals previously mentioned we have a ready source of supply and a massive source of customers.
We know our suppliers and our customers - in fact, they are the same people.
We also repair Cell Phones & tablets. Full training will be offered in all areas of the business.
We will offer full support as we have three other locations in Georgia.
Very professionally fitted store and the asking price includes stock, fixture , fittings and training for one month by our Head Technician and Area Manager.
We initially started our business in the UK and are looking for independent store owners to run our ready established units so we can expand our brand.

Detailed Information

Location:
Jacksonville, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
2
Facilities:
5,000 square feet location in Regency square Mall located in Jacksonville opposite Game Stop. This is a very unique location as most Game Stop stores have an exclusive licence prohibiting other competitive traders to operate against them.The rent for this location is only $2500 per month.
Competition:
We are the only company in the USA that offer Tech and Pop Culture in-store, This concept has been proven by CEX in the UK which has over 350 stores.
Growth & Expansion:
We are looking at opening 5 new stores this year and working with new business owners to expand our brand. This business would be ideally suitable for an owner operator with full time staff. Currently this location does not have an Amazon or Ebay store, if these were established you will add up $10,000 per moth depending on stock allocation.
Support & Training:
Full support and training will be offered for one month and on going support will be offered through the head office. We will train the new owner and new staff in all procedures. We have existing staff who would be available to work with the new owner.
Reason for Selling:
We are actively opening new stores and expanding our brand
Business Website:
http://popvaultstore.com
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Business Listed By:
Ricky Patel

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