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Established Cellphone Repair Store In New York For Sale

New York, US
Asking Price:
$225,000
Sales Revenue:
$600,000
Cash Flow:
$250,000

LISTING ID # 35346

Established a Busy and high-profitable cell phone plan and service store. Repairs have extremely high margins and plans from major carriers pay the owner a high commission. The seller represents the buyer would net $250,000/year after all expenses. The store is currently run by an owner-operator with a part-time helper. Every dollar is recorded and shows up in POS. This store has 1- Electronic and Home Appliance service dealer license. 2- Second-hand dealer license (which the seller represents covers the authority to "pay cash for gold.") 3- Electronic store license. Very friendly landlord to assist with the lease transfer. Low rent! Seller is willing to stay on and help with a smooth transition. He will teach you everything you need to know. Call the listing broker.

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Business Operation

Reasons for selling:

Relocating

Employees:
1 FT/1 PT
Years established:
23

Other Information

Support & training:

Seller will train

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

125,000.00 Down & TBD

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