367444 BK Absentee Financial & Wireless Services

Not Disclosed, VA

Asking Price: Annual Revenue:
$495,000 $487,110

Retail: Electronics, Technology, Computers, Cell Phones

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RE: 367444 BK Absentee Financial & Wireless Services Broker: Bill Kelly

Quick Facts

Asking Price: $495,000
Annual Revenue: $487,110
Net Profit: Not Disclosed
Cash Flow: $179,005
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 132543891
Broker Reference #: 9525-367444

Email or Print Listing

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Business Overview:

Successful 18-Year Old Business offering Financial Services and Mobile Phone Sales & Repair. This profitable retail store is owned by a CPA and started with only check cashing services, now it is a multi-faceted service center offering Check Cashing, Money Transfer, Bill Payments, Tax Preparation, and Multi-Carrier Wireless Services (AT&T, Direct TV, Boost Mobile). Contracts in place will transfer to new owner.
Seller has been absentee owner since 2009. Nice clean books. SBA READY! Seller will support the prospective buyer for 30 days to allow for a smooth transition.

It's been profitable each year since 2002. Seller is CPA and has operated absentee for ten years.

Competitive Overview There are other stores within a five mile radius but none of the businesses have all of the services that this one has under one roof.

Potential Growth: To expand to a second location and increase online marketing.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is not 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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