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Listed by:

Armen Nazarian Business Brokers

Cell Phone And Repair Store For Sale

Wayne County, Michigan, US
Asking Price:
$499,000
Sales Revenue:
$957,497
Cash Flow:
$400,000

CELL PHONE REPAIR IS A $4 BILLION INDUSTRY!!

This is a great opportunity to own a well-established, high volume Cell Phone Store & Repair in Suburban Wayne County. Established in 2019, this store is on a highly traveled road with major anchor tenants in the surrounding areas. All equipment and displays are in “like new” condition. Company specializes in the in-store repair of smartphones, tablets, laptops, gaming consoles, hardware & software issues, and much more! Business is 60% repairs and 40% retail sales! Current owner does no advertising…a new owner /operator with some creative advertising/marketing along with adding more services, retail items, and expanding the hours, you have HUGE potential. Don’t miss out on this once in a lifetime opportunity to own a successful company! Seller will train.

A MUST SEE / MUST HAVE BUSINESS THAT WILL NOT LAST LONG!
250 phones sold a month
$1,200 residual from Version a month.

Property Information

Real Estate:

Lease

Premises Details:

Established in 2019, this store is on a highly traveled road with major anchor tenants in the surrounding areas. All equipment and displays are in “like new” condition. Company specializes in the in-store repair of smartphones, tablets, laptops, gaming consoles, hardware & software issues, and much more! Business is 60% repairs and 40% retail sales!

Size in square feet:
2,600

Business Operation

Expansion Potential:

Current owner does no advertising…a new owner /operator with some creative advertising/marketing along with adding more services, retail items, and expanding the hours, you have HUGE potential. Don’t miss out on this once in a lifetime opportunity to own a successful company!

Reasons for selling:

Family Obligations

Employees:
4
Years established:
6

Other Information

Support & training:

Seller will Train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$499,000 with $250,000 down. 8% int., amortized over 60 months

Inventory / Stock value:
$120,000