Owner Financing is Available!
Business Overview:
Global Telecommunication and Cell Phone Distributor Company For Sale For $750,000! This leading northern franchise will invest $200M in 2011 in new towers and technologies for the 45 Franchises in the Dominican Republic(DR)!. Currently revenues are well over a $1,050,000 and growing! Their accounting has been carried out in strict adherence to to the Generally Accepted Accounting Norms. This is an established and well known telecommunication franchise company and a very exciting business to be in. Excellent growth potential. IMPORTANT!--The 3G Internet has just been launched and 4G is on its way--This is paramount to the growth of this business! The business can also be grown with accessories and import of various products not readily available in the DR (this is a huge market and still very undeveloped) plus an outside sales force to target residences and businesses would be lucrative. Known Internationally, this company has over a dozen retail outlets and more high end stores are in the process of being opened at a cost of over $100K. Three of the top locations have Real Estate that can be purchased at an additional cost. Clearly this company has the lion's share of the market--and are the competition to watch. They have the largest slice of the market share--and their sales can prove it!. The company benefits from an excellent marketing concept and are part of a lucrative marketing growth.They have a highly motivated, multilingual team of 32 employees which includes a top trainer, working 6 days a week and have acquired so far --(just this franchise alone) approx 200.000 clients over the last 10 years and within 100 miles they are targeting approximately 500,000 of the local population plus upwards of 200,000 tourists that flock to the area every year! Owner will stay and train new buyers for up to 3 months, free of charge. This sale also includes approximately $250,000 worth of Furniture, Fixtures and Equipment. No all-embracing bureaucracy in the Dominican Republic, therefore entrepreneurs have a large scale of options. Owners are offering financing to qualified buyer with 50% down. Terms to be discussed. Call for more information!
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:
Located in the Dominican Republic, this company has a strong presence in the major tourist areas. This is also a great place to own a business--here you have the best in schools, doctors, shopping, restaurants, beautiful beaches and a lot more that influences your quality of life in a positive way. What more could you ask for? Call now for more information about this impressive business. Serious inquiries only!.
Market Competition and Expansion:
Excellent growth potential. The 3G Internet has just been launched and 4G is on its way! There is also a possibility to import mobile accessories from China plus the possibility to build up an outside team for direct distributorship. here is competition, but they are the competition too!
Reason for Selling:
Other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: