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Cellphone Repair Store In New York For Sale

New York, US
Asking Price:
$400,000
Sales Revenue:
$600,000
Cash Flow:
$210,000

LISTING ID # 35346

This established, absentee-run, busy, and highly profitable cell phone plan and service store offers extremely high-margin repairs and earns significant commissions from major carrier plans. According to the seller, the buyer would net $210,000 annually after all expenses. The store is currently managed absentee, with the owner residing in Florida. All transactions are recorded and documented in the POS system. The store holds an Electronic and Home Appliance Service Dealer License, a Secondhand Dealer License (authorizing "cash for gold" transactions), and an Electronic Store License. The landlord is very accommodating and will assist with the lease transfer, which comes with low rent. The seller is willing to stay on and ensure a smooth transition, providing all necessary training. For more information, contact listing broker Brian Bernstein.

Business Operation

Reasons for selling:

Relocating

Employees:
1 FT/1 PT
Years established:
23

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$20,000
Inventory / Stock value:
$15,000