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Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $941,813 | |
Net Profit: | $115 | |
Cash Flow: | $248,616 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 5 | |
BBN Listing #: | 409936164 | |
Broker Reference #: | 2047 |
Business Overview:
We are selling a cell phone repair business with multiple locations in the DFW area. An Owner/Operator would have made $248,616 cash flow in 2022. Hiring one (1) additional employee would turn this into an absentee owned business and the owner would make $208,312. The business also repairs computers, gaming consoles, and tablets. The locations are well equipped with inventory, equipment, and great teams to ensure a continued high-quality customer service experience. There are a number of competitive advantages in place to continue to grow sales and profitability. Great opportunity to grow the number of locations throughout DFW. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961.
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Market Competition and Expansion:
By providing skilled repair services and great customer service this business has built a solid reputation. The businesses are located in highly visible locations along high traffic thoroughfares. Excellent demographics to support current sales & continued growth. There is a Master Franchise Agreement in place along with a brand-new contract as a preferred vendor with access to Manufacturers Original Equipment. A second contract as a preferred vendor is pending. With the Master Franchise Agreement there is opportunity to develop the DFW area and Oklahoma. As annual sales increase the royalty fees decrease.
Reason for Selling:
Amicable dissolution of a partnership
Additional Details:
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