Cell Phone Repair/Accessories Retail Chain

Layton, UT
listing image
Asking Price:$1,950,000
Gross Revenue:$5,000,000
Rent:$57,000/Month
FF&E:$250,000
Cash Flow:$250,000
Inventory:$800,000
EBITDA:$280,000
Established Year:2003
BUSINESS DESCRIPTION

Established 21 years with 10 Locations in Malls of Utah and Idaho

Business Overview:
This is a highly reputable business known for top-quality accessories, lifetime warranties, fast and professional wireless device repair services by well-trained technicians, and excellent customer service. With over 20 years of operation, we have built a loyal customer base and hold the highest ratings on Google Maps.

Opportunity Highlights:
* Profitability: Generating approximately $200,000 in annual profit.
* Established Presence: 10 to 11 locations in regional shopping centers across Utah and Idaho.
* Experienced Team: Fully staffed with 67 dedicated employees, including sales reps, store managers, regional managers, head of repairs, CFO, and back-office staff.
* Inventory: $800,000 in salable inventory included.
* Growth Potential: Opportunities to merge with existing operations, add new store locations, and enhance marketing efforts.

Ideal Buyer Profile:
We are seeking an established and experienced buyer who meets the following criteria:
* Retail Management Experience: Proven track record of running and managing multi-location retail businesses, preferably within the wireless or repair industry.
* Financial Capability: Adequate financing to complete the asset purchase and meet landlords' leasing requirements (landlords will request financial statements).
* Leadership Skills: Ability to make major business decisions or hire a capable CEO to support and manage operations. Opportunity Highlights:
* Profitability: Generating approximately $200,000 in annual profit.
* Established Presence: 10 to 11 locations in regional shopping centers across Utah and Idaho.
* Experienced Team: Fully staffed with 67 dedicated employees, including sales reps, store managers, regional managers, head of repairs, CFO, and back-office staff.
* Inventory: $800,000 in salable inventory included.
* Growth Potential: Opportunities to merge with existing operations, add new store locations, and enhance marketing efforts.

See our locations and feedback here: https://www.google.com/maps/search/tricked+out+accessories+idaho+utah/@42.906233,-112.417864,7z/data=!3m1!4b1?entry=ttu

Next Steps:
If you are an experienced and financially qualified individual or company interested in this exceptional opportunity, please contact James for more information.


DETAILED INFORMATION
Location
Layton, UT
Inventory
Included in asking price
Real Estate
Leased
Building SF
16,700
Employees
67
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
We have a main central office, with plenty of space for staff, as well as a warehouse. We also have the 10 retail locations, fully set up and inventoried.
Competition
Great reputation and loyal customer base, well known brand in the local areas.
Growth & Expansion
Expansion Opportunities: * New Locations: Negotiations are underway for two additional locations, which can be assumed with this purchase. * Marketing & Innovation: Significant potential to increase/improve marketing strategies and innovate the business model for further growth.
Support & Training
The current owner is ready to retire but is committed to the ongoing success of the business and its employees. To ensure a smooth transition, the seller is willing to offer weekly consulting for 2 months post sale. We will also provide 80 hours of in store/office training by our staff. Additional assistance can be arranged if helpful.
Reason for Selling
Have owned it for 21 years and now looking to retire.

BUSINESS LOCATION
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