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Los Angeles, Los Angeles County, California
Asking Price
Call/Email
Revenue
Call / Email
Down
40%+
Cash Flow
Call/Email
Name: Diane Kwon
Phone: Show phone number
Name
Diane Kwon
Phone
Show phone number
Posting ID:
259594
Attributes:
Absentee Run
Financial Assistance
Semi Absentee Run
Training And Support
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Phones, Tablets Sales And Repair - Profitable
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2021 gross revenue: $875K - Cash Flow $225,000+ Very low overhead and very low inventory investment on a day to day basis. 2 Part-Time employees do most of the repair work Semi-absentee owner is manages this profitable business consisting of Cell Phones/Tablets sales and repairs, plus pre-paid plans, buy-backs, selling accessories and more This business is located in a prime area of the West San Fernando Valley on Ventura Blvd Business established in 2009, 12+ successful years with the same owner. It benefits of a strong customer base with 'regulars' and a constant flow of new customers from word-of-mouth, referrals, and stellar Yelp and Google reviews. People always searching for an independent place with personalized service vs any big chains. No or little tech knowledge necessary since the three (3) part-time employees do the repairs, and want to stay working there after the change of ownership, and all 3 employees want to work more hours. This business has has had consistent year after year increases in gross revenues. This business is a unique opportunity for an industry buyer as the seller is ready to move on to his next project. This sale includes: i. The name of the business ii. $5,000.00 of active inventory at cost. Any inventory over $5,000 will be available to purchase iii. The website, the URL, all social media accounts associated w/ the business, phone/fax numbers, email address, iv. all Fixture, Furniture and Equipment (FFE) v. goodwill, customer lists, vendors catalogs etc vi. assignable lease with very favorable terms & transferable licenses & permits; vii. training - Seller will provide necessary training based on the Buyer's needs for two (2) weeks, then available for consulting. The business has excellent books and records and tax returns. This is a highly confidential. No additional information will be provided until a Confidentiality Agreement and background information has been submitted to receive financials and other specific information. Prime Location Parking on the premises and streets. The business qualifies for SBA financing for a well-qualified Buyer. 620 SF space is the perfect size for a service shop. Fully equipped. HVAC, private offices, Private ADA bathroom Open 6 days per week. 10am-4pm Established in 2009. Operated for 12+ years successfully by the same owner. This is a Hot business in a Hot Industry and is a rare opportunity for a buyer. There is added value considering the semi-absentee run, no specific knowledge necessary, the exponential room for growth of income in this industry. Some avenues for expansion could be: -Open longer hours to 6 or 7pm. -Creation of online e-commerce website extension to sell relevant products, -Creating local partnerships with small business, local schools and neighboring Colleges. -Creation of an insurance program in order to make recurring revenue through subscriptions, etc... No competition. This industry is growing exponentially. There is bigger and bigger need for more repairs for our devices, a general demand for more devices (phones/tablets, etc.), for more accessories, and more service needed for our communication devices in a personalized atmosphere vs the big retailers, and a general need for more of everything this business already provides. Support & Training: 2 weeks full time after the Close of Escrow. Seller can offer up to 6 months of additional assistance training on all business activities as a consultant, full time or part-time, or on a need basis.
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