2-Location Metro by T-Mobile Stores

Not Disclosed, TX
Dallas County

East Dallas


Asking Price: Annual Revenue:
$409,000 $1,535,987

Retail: Electronics, Technology, Computers, Cell Phones


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RE: 2-Location Metro by T-Mobile Stores Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $409,000
Annual Revenue: $1,535,987
Net Profit: Not Disclosed
Cash Flow: $192,226
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 276219188
Broker Reference #: 001150

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Business Overview:

2-Location nationwide cellphone retailer in East Dallas is available for acquisition. Within the low-cost and affordable telecommunications market, this nationwide retailer is known as the top-performing cellphone retailer compared to the competition. The business provides various services/products, such as new phones with new plan activations, phone upgrades, phone accessories, and other add-on features like insurance.

Competition can always be expected for any business within this industry. As the population grows within each of the respective markets that each location currently services, each facility can expect steady growth with many reoccurring customers that cycle through when new phone plans and services come along. Predominately located in areas that have large communities of Hispanic families, the customer base also consists of many Hispanic individuals and families with a mix of demographics.

Each year both locations have seen steady growth in gross sales with rapid growth in net profits as corporate provided many positive changes to how the business functions to benefit active owner-operators. The retention rate for both stores has historically been high and has continued to the current year of operation as the services provided at each location are highly satisfactory to the customer base.

This is a great opportunity to acquire both locations of this nationwide cellphone retailer known for consistent growth and steady income. Potential Buyers can expect to reap the benefits of a long-lasting business that will continue to flourish.

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Property Features and Assets:

This package features two locations, the first main location is situated within a 1,800 SF space of a retail strip center. The second location is similarly situated within a 1,400 SF space of a retail strip center. / Inventory: $65,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area of both businesses, but competition for this industry is unavoidable. Although competition can be steep, the population of the local area and loyal/reoccurring customers provide consistency with steady growth. / Growth and Expansion: Corporate provides a majority of all marketing across nationwide platforms. The greatest asset for both businesses is the consistency and steady growth that corporate provides through year-round marketing. Having great salespeople will also assist in growing the business through additional product sales.

Reason for Selling:

Other Business Opportunities

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.

Documents:

Relevant Links:

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