Prime Location! / Cellular & Electronic Appliance

Not Disclosed, NY
Bronx County


Asking Price: Annual Revenue:
$120,000 $650,000

Retail: Electronics, Technology, Computers, Cell Phones


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RE: Prime Location! / Cellular & Electronic Appliance Broker: Ricardo Molina

Quick Facts

Asking Price: $120,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 864435879
Broker Reference #: 6842-691551

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Business Overview:

PRIME LOCATION! Electronic Store located in one of the busiest hubs in The Bronx. Corner Location. Primarily selling mobile phones and appliances. A vast array of electronic devices are available as well such as speakers, hoverboards, headphones, laptops, etc. Significantly high automobile and foot traffic. Metro North Station nearby, Multiple MTA Bus Lines and Subway Stations. Bronx Zoo, Botanical Garden and Fordham University, Monroe College nearby.

Business is open 10:00 am - 8:00 pm Monday - Saturday. Sunday 10:00 am - 5:30 pm. 2 full time employees. Employees manage schedule among each other. 875 square feet (ground floor and basement).

Owner sublets the premises to 3 tenants which covers 45% of the gross monthly rent. Monthly rent rate is $12,360 per/month. Owner pays $7,160 per/month. No property taxes!

CC Sales covers all rent and payroll expenses!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Relocating

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.

Relevant Links:

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