This is a great opportunity to own a well established and profitable phone repair center. This locations repairs most electronics like phones, laptops, and I pads. Current owner has owned this location for 4 years and has increased sales to $252,564.00 in 2016 with a $95,615.00 cash flow. He is willing to stay and train for 2 weeks at no additional charge and longer if needed. This is a turn-key business that will not last long.
Cash Flow: $95,615
Gross Revenue: $252,564
Inventory: $10,000 (not included in asking price)
Lease Rate: N/A
Inventory: Not included in asking price
Real Estate: Leased
Building SF: 1,241
Lease Expiration: N/A
Employees: 1 FT, 1 PT
Furniture, Fixtures & Equipment (FF&E): Included in Asking Price
Facilities: This repair center is part of a shopping center on a very busy road in Oakland County. All fixtures and equipment are in great condition. There is plenty of parking and the store is very visible from the road.
Competition: There are other repair shops, but this location has been around for 8 years and has increased in sales the past 4 years.
Support & Training: Seller will train for 2 weeks at no additional charge, and will sign a 5 mile and 5 year non compete agreement.
Reason for Selling: Other Business Interest