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Two Franchise Electronics Repair Stores W/finan.
Not Disclosed, IL
DUPAGE County
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| Asking Price: | Annual Revenue: |
| $300,000 | $1,249,463 |
Services: Computer, Internet, Technology Repair & Services
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RE: Two Franchise Electronics Repair Stores W/finan.
Contact: Matt Friscia
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | $1,249,463 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $82,523 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 11 | |
| BBN Listing #: | 772862804 | |
| Broker Reference #: | 041621-528708 |
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Business Overview:
The total investment necessary to begin operation of ONE NEW store for this franchise ranges from $118,350 to $369,555. This is priced extremely affordable for two very established locations/territories with buildout, staff, and a good customer base!! These franchise locations come with 8 employees. 4 at each location. The current owner is mainly absentee. MOTIVATED SELLER! Seller financing available within a minimum of $150k down. This franchise has done a tremendous job of making their name known in the field of electronics repair. The current owner has two locations that have been in business between 8 and 10 years. There are over 750 stores within the franchise system. These stores official are the official repair centers of many known electronic brands. What differentiates this franchise is their affiliation with an insurance provider that leads to a lot of warranty repairs from cell phone customers. There is a branded mobile truck that can do repairs on the spot and off site from the store. This particular add on has been quite beneficial and profitable for this franchisee.
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Property Features and Assets:
Monthly Rent: $2,938.00 Square Units (Foot, Meter): 1,000 Lease Expiration Date: March 31, 2025, 12:00:00 AM
Market Competition and Expansion:
Everyone has multiple devices. We see continued growth as all devices get dropped or damaged one way or another. The business does a tremendous amount of computer repairs so they look forward to having a bright repair future.
Reason for Selling:
Owner wants to focus on other businesses
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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