Wireless Retail And Service
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1080000
Net Profit / Cash Flow $360000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 1 - 3
Inventory 120000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks at 20 hours per week following close of escrow.
Reason for Sale Too far to commute.
Description Over $30,000 Net Profit per month. Two exclusive Sprint/Nextel Wireless stores located on the busiest streets in the city of Riverside are available for sale. Both stores combined do 180 new activations, 75-90 upgrades and 150 boost activations per month. Both locations are extremely visible. Annual Gross Sales of $1,080,000, Annual Cash Flow of $360,000 and over $55,000 worth of Inventory at Cost are included in the Asking Price of $540,000. The second (Hemet) location has been recently approved to be an authorized full service and repair center (the only one in the area); the new owner can take advantage of this and generate extra revenue. Locations can be purchased together or separately. Email or contact Azi Manoussi Wise Business Advisors, at (818) 933-5222 ext 101.
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