Technology Repair Shop - Phones, Tablets, Gaming Consoles, & More

Savannah, GA (Chatham County)

Technology Repair Shop - Phones, Tablets, Gaming Consoles, & More
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Asking Price: $199,000

Cash Flow: $81,799

Gross Revenue: $254,109

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,450 /Month

Established: 2016

Technology Repair Shop - Phones, Tablets, Gaming Consoles, & More

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Business Description

10% Down Required

It's a hot market that continues to grow since tech is the way to go. Phones, tablets, gaming consoles, computers and TV's are the center of communication and entertainment, which means when something breaks it needs to be fixed ASAP. This electronics repair shop has a profitable model with multiple revenue streams; repairs of all technology and sales of accessories. This shop has a vast customer base since they serve ALL types of phones, and high customer loyalty. This shop is a one-stop location for all electronic needs including;

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

Bottom line: In our increasingly digital world, our electronics are our link to friends, family, work, and everything in between. We need technology! This shop provides a necessary service to our customers with anything from a broken cellphone screen, lagging computer, gaming consoles with broken disc readers to 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. He is offering personal one-on-one training, at no additional cost, after closing to the buyer. The seller is even willing to be just a call, text or email away for additional support. Seller is only selling the business because of a desire to move to the west coast.

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

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Facilities:
The business is located in 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. 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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