IPhone Mobile Phone Retail Store - 28889

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$309,000 $1,477,628

Retail: Electronics, Technology, Computers, Cell Phones

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RE: IPhone Mobile Phone Retail Store - 28889 Broker:

Quick Facts

Asking Price: $309,000
Annual Revenue: $1,477,628
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 30064447
Broker Reference #: 28889

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Business Overview:

Owner's cash flow is increasing! Great opportunity for a business that continues to grow! This is for two branded cell phone stores, located in the same town. These stores are in very busy retail areas, with reasonable rent (rent stated is for both stores). They have been under same ownership for ten years, selling phones and cell phone service plans, and doing minor repairs. Business has been increasing over 30% per year, due to outstanding customer service. Owner now only works 10-15 hours a week. He will train a new buyer how to best maximize profit. Work full-time to decrease payroll and increase profits. There are no other locations available in the area for this carrier, and to open a new store would cost $500,000! This is a great opportunity to get into a business that continues to grow, every year. Experience in the cell phone/electronics industry would be helpful. Call today for more information.

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Reason for Selling:

Owner is moving out of state.

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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