3 Location Cell Phone Repair Stores

Not Disclosed, TX
Tarrant County

Northwest Dallas

Asking Price: Annual Revenue:
$299,000 $899,595

Services: Non-classifiable

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RE: 3 Location Cell Phone Repair Stores Broker: Moon Kim

Quick Facts

Asking Price: $299,000
Annual Revenue: $899,595
Net Profit: Not Disclosed
Cash Flow: $236,003
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 8
BBN Listing #: 554119188
Broker Reference #: 000435

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Business Overview:

Three location cell phone repair stores within the Dallas Fort Worth area and with a very low cost to open new locations are available for acquisition. The first location was established in late 2009, the 2nd location in mid-2012, and the 3rd location in late 2013 by the current owner of the business. These businesses are all within retail strip centers that are surrounded by heavily populated residential neighborhoods. Most of the customers for each location come from these populated residential neighborhoods as well as from all around the DFW area looking for a quick repair service for their cellular devices. The combined net sales average of all locations is expected to be around $950,000 - $1,100,000/year in 2017 that has much more room to grow. Marketing has been done throughout the last several years with print and internet Ads, but other forms of proactive marketing is needed to generate more revenue. Although b2b isn't the most optimal source of increasing sales, this business can utilize b2b services for the nearby schools, companies, public facilities, and local businesses. Another method of generating more revenue would be to strategically place new locations within heavily populated residential cities or placing the new location within a corporate area where b2b services can be utilized to its full potential. These businesses provide a wide range of products and services such as iPhone repair, Samsung galaxy phone repair, broken screen repair, tablet repair, phone accessories, protection plans, and warranty services for each product. These businesses have one-of-the-most competitive price points within their areas and just needs a little bit of proactive involvement from a potential buyer to generate more revenue.

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Property Features and Assets:

All locations are within retail strip centers with low cost to build and can easily acquire customers through superior service instead of pricing. All equipment is in impeccable condition and in working order. / Inventory: $40,000 (Included in listed price).

Market Competition and Expansion:

Competition: Competition is expected for each location, but these businesses provide superior customer service and warranty services that other competitors can't replicate. / Growth and Expansion: Some marketing is done through print and internet Ads, but proactive marketing to individuals instead of businesses is necessary to generate more revenue.

Reason for Selling:

Other Opportunities.

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 not a franchise resale opportunity.

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