Cellphone Repair Store For Sale in NY

Kings County, NY
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Asking Price:$400,000
Gross Revenue:$600,000
FF&E:$20,000
Cash Flow:$210,000
Inventory:$15,000
Established Year:2001
BUSINESS DESCRIPTION

Cellphone Repair Store For Sale in NY

LISTING ID # 35346

This established, absentee-run, busy, and highly profitable cell phone plan and service store offers extremely high-margin repairs and earns significant commissions from major carrier plans. According to the seller, the buyer would net $210,000 annually after all expenses. The store is currently managed absentee, with the owner residing in Florida. All transactions are recorded and documented in the POS system. The store holds an Electronic and Home Appliance Service Dealer License, a Secondhand Dealer License (authorizing "cash for gold" transactions), and an Electronic Store License. The landlord is very accommodating and will assist with the lease transfer, which comes with low rent. The seller is willing to stay on and ensure a smooth transition, providing all necessary training. To learn more, please contact the broker.


DETAILED INFORMATION
Location
Kings County, NY
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Relocating
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd