Very Profitable Cellular Store
Location California,United States
Asking Price Range < $250K
Gross Revenues $125000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory 26000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training.
Reason for Sale Other Business Interests.
Description Asking Price is drastically reduced, make offer!!!
Best location cellular store located on busy Wilshire Boulevard makes big commissions!!! Asking Price is drastically reduced because Seller is very motivated to sell. However, his support financial information is very weak. Hence, he is willing to sacrifice for a price that will trigger a quick sale. Commission statements are available and credit card receipts are retrievable as well. But there are no financial statements. An astute buyer will be able to determine the profitability by reconstructing the information that is available.
Imagine a simple business model with low overhead, no employees, almost no advertising (and unfortunately, no accounting) that is buried in success. Remember, everyone has at least one cell phone. Now buy it for real! This cellular store has been open for 15 Months but is averaging nearly $30,000 in cellular phone company commissions per month alone. The company can be purchased for less than one yearダTs earnings based on estimated income. The accessories and repairs add frosting on the cake. The current owner is investing in real estate and he can't do both. The commission statements are easy to verify and the location's success is self-evident. Nearly all of his clients have been walk-ins because of the location. Commission statements & commission checks will be made available during ダoDue Diligenceダ_ to substantiate the income. This is the kind of ''gold mine'' that is easy to operate. Astute Buyers that can determine value ダoforensicallyダ_ might have a ダobuy of a lifetimeダ_ in this one!
Call Roger Civalleri or Jahmena Wright at 310-539-8300 for more information.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
