11 Established and Profitable Metro PCS Stores

Not Disclosed, FL

Asking Price: Annual Revenue:
$2,700,000 $8,359,154

Retail: Electronics, Technology, Computers, Cell Phones

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RE: 11 Established and Profitable Metro PCS Stores Broker: Andy Fischer

Quick Facts

Asking Price: $2,700,000
Annual Revenue: $8,359,154
Net Profit: Not Disclosed
Cash Flow: $690,966
Total Debt: Not Disclosed
FF&E: $187,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 35
BBN Listing #: 19434955
Broker Reference #: 1040-15190

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Business Overview:

Reason for Sale: Retirement- Extremely Profitable Construction Clean Up Company. Seller has established contracts with well known South Florida Builders in Palm Beach/Martin/St Lucie Counties. The company does the rough cleans & final cleans before the new owner takes possession. There is plenty of opportunity for expansion. 50-W2 employees perfect for a VISA. Monday-Friday hours- No weekends. Perfect Books & Records- Tax Returns on file (15/16/17/18) Lender Qualified. 2018 Owner Benefit $300k. All Buyers must qualify before CIM will be distributed.

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Property Features and Assets:

The business has 11 stores with great locations and good leases in place. The size of the stores vary between 600 square feet to 1,600 square feet. 10 stores are located in Miami-Dade County and 1 store is located in Broward County. Assets=$337,000.

Market Competition and Expansion:

Metro PCS does nationwide TV, radio and internet marketing. In addition, they pay the dealers approximately $2k every quarter and the dealers invest a similar amount. This is fro flyers, events, gorilla marketing, etc. Metro PCS is a leader in the pre-paid phone industry and they are very strong in the Florida market. All the carriers have pre-paid options but Metro PCS differentiates from others with their great and attractive plans. A natural growth is expected through the upcoming 5G technology as many users will change their phones. The merger between Sprint and T-Mobile means a stronger company and this should help the dealers to increase their revenues and profit. A more dedicated owner with new ideas and with energy should be able to improve the business.

Reason for Selling:

Owner wants a change.

Additional Details:

  • The property is owned.
  • 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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