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Business For Sale

Cell Phone Store for Quick Sale at Huge Sacrifice

Queens, NY, USA

Services: Communication, Technology

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$95,000
Not Disclosed
Not Disclosed
$125,678
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
1
197118298

Business for Sale Overview:

Seller is ill and wants to leave as soon as possible. 2008 activation commissions from T-Mobile alone came to $125,000. Seller's 1099 form for 2008 shows $125,000 plus in commissions. Price is $95,000 FIRM, with NO financing. Seller is an AT&T, T-Mobile and Metro PC's authorized dealer with activation codes. 95% of business is activations, sales of T-Mobile and AT&T unlocked phones, accessories, phone cards, refill cards and bill-pay. 5% of business is upgrades. Employee (currently part-time) will train new owner as seller is too ill.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

On a busy main street, this store is clean and spacious, consisting of about 900 square feet plus full basement. Large, mostly empty 500 sq. ft. back room, now used as an office, could be sublet. Business has ADT alarm system installed.

Reason for Selling:

Health Reasons

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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