Cell Phone Store w/ Repair

Reference Code 0747

CELL PHONE REPAIR IS A $4 BILLION INDUSTRY!! This is a great opportunity to own a well-established, high volume Cell Phone Store & Repair in Suburban Wayne County. Established in 2019, this store is on a highly traveled road with major anchor tenants in the surrounding areas. All equipment and displays are in “like new” condition. Company specializes in the in-store repair of smartphones, tablets, laptops, gaming consoles, hardware & software issues, and much more! Business is 60% repairs and 40% retail sales! Current owner does no advertising…a new owner /operator with some creative advertising/marketing along with adding more services, retail items, and expanding the hours, you have HUGE potential. Don’t miss out on this once in a lifetime opportunity to own a successful company! Seller will train. A MUST SEE / MUST HAVE BUSINESS THAT WILL NOT LAST LONG!
250 phones sold a month
$1,200 residual from Version a month.

Business Location Suburban Wayne County, MI

Gross Sales $957,497 Cash Flow $400,000+ Business Price $499,000 Down Payment $250,000 Monthly Payment $5,048.82 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales Inventory Value $120,000 Employees Full Time 2 Employees Part Time 2 Date Established 2019 Hours of Operation Mon-Sat 10am-7pm / Sun 10am-6pm Rent $4,800 Gross Lease Period New Lease Required Reason for Sale Family Obligations