4 Franchise iPhone Repair Locations Owner Absentee

Las Vegas, NV
Clark County

Asking Price: Annual Revenue:
$150,000 $263,556

Retail: Electronics, Technology, Computers, Cell Phones

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RE: 4 Franchise iPhone Repair Locations Owner Absentee Broker: Trent Lee
Owner Financing is Available!
$100,000 down payment and SWC balance for 36 months at 6%

Quick Facts

Asking Price: $150,000
Annual Revenue: $263,556
Net Profit: $72,660
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 6
BBN Listing #: 70675142
Broker Reference #: 101-16071

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Business Overview:

Owner is totally absentee! These 4 locations are within the front entrance of the 4 major Walmart's within Las Vegas. They quickly repair iPhone and other cell phone brands while the customer does their shopping. 90% of repairs are done before the customer finishes their weekly grocery shopping inside Walmart and picks up the phone on their way out. The franchise has a partnership with Walmart and only charges $600 per location rent! You won’t find a busier location for that low of a rent rate. Owner has 10+ T Mobile stores and is getting ready to expand, he can’t have the distraction of these business when managers need his help or approval on anything and is selling them at a price that will move fast. For more information including a detailed confidential opportunity summary with financial information and photos, contact Listing Agent Trent Lee.

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Property Features and Assets:

This business has 4 locations. Each location is 400 square feet with a Total Monthly Rent for all locations of $2,400. Hours of operation are 10am-7pm Monday-Saturday with 6 FT employees. Inventory $16,000; FF&E $25,000; Leasehold Improvements $15,000

Reason for Selling:

Too busy, seller has 10 T-Mobile locations.

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.

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