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Business For Sale
7 CRICKET CELLULAR PHONE STORES
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Asking Price: |
$950,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Electronics, Tech., Cell Phones
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Reason for Selling:
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Other business interests. |
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Year Established:
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2006 |
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# of Employees:
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14 ft, 4pt |
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Yearly Cash Flow:
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$276,000 |
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Yearly Gross Income:
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$2,340,000 |
Business for Sale Overview:
Seller had a partner who has run the 7 stores but has left and now seller has several other businesses that he is running. The 2 in the San Diego area have a General Manager who over sees that division so seller is 75% focused on Arizona and only 25% California. In August, business made $5,100 profit taking in payments, $11,826 selling accessories and $8,586 profit in service, plus sold 1,421 phones for profit of $74,602. With a gross profit of $98,288 and overhead of $47,660 the net was $50,628.50 for the month.
Property Features and Assets:
7 locations with a total rent of $23,500 per month.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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