Cell Phone & Accessories

Cell Phone & Accessories

Available

$99,000.00

Listing Number :

 6255

Status :

Expired

Price :

$99000

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Description

Two locations available for the price of one.

Cellphone Repair and accessories currently operating under a franchise.

Businesses are being sold without the Franchise.

1st location

$200K annual Gross

$70K annual Net

850 sqft store

Rent $1785

Lease 3 years plus 3 year option

Payroll: $2500/M for 1 employee

2nd location

$120k annual Gross

$30K annual Net

1000 sqft

Rent $1700 inc NNN

Lease 3 years + 3 year option

Payroll: $2500/M for 1 employee

Both locations have the option to add Metro PCS

Open 6 Days: M-Sat 10Am to 7Pm

6255

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Cellular phone Retail
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6255
Date Available: 4/9/2019
Reason For Sale:
Annual Total Revenue: 320000 for both
Annual Net Income: 100000 for both
Inventory: Included in asking price
Monthly Payroll:
Lease Information
Base Rent: $1785/m & $1700/m
Lease Expires: 2022
Lease Option: 1x3 years option
NNN: Included
 
Financing Information
Down Payment: 99000
Owner Will Carry:
Other Finance Terms: