Highly Profitable Cellphone Store In Buford, GA!
Buford, GA Gwinnett County
Buford, GA
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- RE: Highly Profitable Cellphone Store In Buford, GA!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $549,000 | |
| Annual Revenue: | $766,000 | |
| Net Profit: | $242,701 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 939699 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Yearly Sales are projected at $766,000 as the second location just opened April of last year and sales are ramping up!
Net profit is over $242,000 per year AFTER paying $108,000 in Payroll and all other expenses! Sellers run the second location full-time so Employee Payroll is only $54,000 per year to run one location, which means Seller's Take Home is over $296,000 per year!
Cellphone Repair and Accessory Business in the Mall of Georgia in Buford, GA!
Cellphone accessories are high margin items! Seller's inventory cost is only about 20%! Cellphone repairs make up 40% of the total revenue of the business!
There are 2 locations within the Mall! One location is upstairs and the other is downstairs! Seller opened the second location last year so the FF&E looks new and fresh!
Only one employee is needed at each location!
Asking Price for Business-only: $549,000 plus inventory!
If interested, please contact us anytime with your email, full name and best contact number through reply to this ad button.
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Market Competition and Expansion:
Close proximity to a 106-acre development with 1,000 new apartment units, townhomes, and senior housing for about 3,000 residents!
4 miles from a massive proposed 700-unit apartment development!
Average traffic count of 32,800 vehicles each day!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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