Popular Phone & Computer Repair

Not Disclosed, FL
Lake County

Asking Price: Annual Revenue:
$75,000 $229,528

Services: Computer, Internet, Technology Repair & Services

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RE: Popular Phone & Computer Repair Broker: Steve Fenton

Quick Facts

Asking Price: $75,000
Annual Revenue: $229,528
Net Profit: Not Disclosed
Cash Flow: $21,667
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 417611185
Broker Reference #: 170-02814

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Business Overview:

Leverage Walmart in-store traffic and credibility. Great brand-name recognition. Buy this popular franchise repairing phones, tablets, computers, and TVs for less than asset value. All the initial start-up 'mess' and $130,000 build-out/opening expenses with zero customers are done. Two year-old store has grown from break-even to profitability despite no owner presence. This store will thrive and grow with an active owner: current owner operates 2 stores, but due to health issues can only manage one store and runs this one absentee. NOTE: 26% store revenue increase in 2019 resulted in 100% profit increase! All fixed costs are covered, so every revenue dollar after COG and royalties goes into your pocket. Multi-store opportunities-ask for details. Franchisor approval required.

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Property Features and Assets:

Inventory: $10,000 (included in the asking price). Franchise Fee: $25,000 (included in the asking price). Lease/Month: $3,204. Building Type: Inside WalMart. Square Footage: 264. Terms & Options: 3 years. Expiration Date: 1/9/2021. Leasehold: $70,000

Reason for Selling:

Health Reasons

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 a franchise resale opportunity.

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