Thriving Verizon Cell Phone & Rural Internet Retail Business

Carroll County, AR

Asking Price:	$365,000
Gross Revenue:	$859,000
Rent:	$1,330/Month
Established Year:	2003

Cash Flow:	$222,009
Inventory:	$30,000
FF&E:	$30,000

Listing ID: 2219154Listing provided by BizBuySell

BUSINESS DESCRIPTION

Twenty-year established business currently serving three generations of customers with Verizon cell phone service (45%) and private-label internet (40%) that provides recurring revenue. This is a turnkey operation on a high-traffic main street with plenty of parking. Strong presence in the community with a reputation for superior service. Backed by robust national advertising and generous consumer incentives by Verizon (at no cost to the store). Limited area competition. Plenty of growth opportunities available! + / - $30,000 Inventory, to be counted at time of sale

DETAILED INFORMATION

Location

Carroll County, AR

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

1,152

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

1,150 sf main store level, includes spacious sales area, storage, break room, bathroom. Plus additional 1,150 sf warehouse and office space downstairs. Lease is month-to-month at $1,330 / month.

Competition

None in immediate market. Big-box store and a retail cell phone store, both 30 minutes away.

Growth & Expansion

Plenty of opportunities for diversification into a variety of technology and support offerings. This is a growing, high-income demographic area. The owner consistently hears requests for services such as A/V installation, security, computer repair, etc., that are not currently supported.

Support & Training

Owner will provide support during the transition period to ensure a smooth handoff and continuity of operations. His customers matter to him. Making sure they’re cared for is a priority.

Reason for Selling

Owner is retiring

Franchise

This business is an established franchise

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