Profile: Cellular Telephone Stores – 5 Prime Locations.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
Call/Email |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$1,000,000 |
| Annual Adjusted Net: |
$155,220 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This Is An Excellent Opportunity For A Buyer To Capture A Significant Share Of The Cellular Telephone Retail Market In The San Francisco South And East Bay Areas. This Business Includes 5 Well Established And Profitable Stores All Strategically Located In San Mateo, Santa Clara, Alameda And Contra Costa Counties. The Stores Have Exclusive Licenses To Sell Calling Plans, Phones And Accessories For One Of The Major National Wireless Service Providers. In Addition, 2 Of The Stores Are Certified Service And Repair Centers Which Generate Especially High Margin Cash Flows. Besides The Heavy Traffic Of Walk-In Customers, There Are Many Commercial Accounts That Include Well-Known, Major Companies, Some Of Which Buy Hundreds Of Phones. The Cellular Service Provider/Carrier Pays High Commissions For The Phone Sales And Plan Activations And Provides Extensive And Continuous Operational, Technical, Marketing And Other Business Support Through Assigned Account Executives And A Robust But User-Friendly Web Site. This Growing Business Produces Impressive Streams Of Income, Including Ever Increasing Monthly Residuals. With Its Proven Management And State-Of-The-Art Systems Support, New Owner Transition Should Be Seamless. Bottom Line: Great Cash Flow, Exclusive Contracts, Modern Equipment And Facilities, And Residual Income From Day One.
General Information
Facilities: Four Of The Stores Are Located On Main Streets In Downtown Core Areas And One Is Within A Major Shopping Mall. The Owners Were Successful In Negotiating Favorable Lease Terms For All Locations. All The Stores Are Attractive And Highly Visible (Excellent Signage), Pulling In A Constant Stream Of Customers.
Competition: The Service Provider/Carrier Continues To Spend Millions In Research And Development In An Effort To Stay Ahead Of The Competition. And With This Large Footprint Of Geographic Retail Coverage, A Buyer Will Gain Significant Competitive Advantage.
Growth And Expansion: There Continues To Be Opportunities To Add Store Locations.
Support/Training: Owner Is Willing To Train And Has Great Employees. Many Of The Key Employees Will Want To Stay. The Service Provider/Carrier Provides Continuous, Broad Support.
Reason Selling: Partnership Dissolution.
Year Established: 2005
Employees: 8.
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