$175,000.00
Asking Price
Address: Long Beach,
Status: Active
Posting ID: 281698
8/20/24
Description
For sale is a Metro by T Mobile store. It is one of the top 5 busiest throughout the 84 stores. About 3 years ago, there were 1,500 walk-in payment center customers a month. They get over $2.3 to $2.6 million in revenue including payment center activity. It has very high traffic. It has been here for over 15 years.
After the pandemic, they experienced their first-ever slow-down but last year 2022, and year 2023 went down a lot.
Good time year 2021 average Net Income was about $156,223/ year $13,018/month
Year 2024 this year picking up little by little and average per month income is about $11,800
Owner works only about 25 hours a week and mostly bilingual employees run store
Store size is approximately 900 s.f. rent including Cam charge $900 total is $6,994
Current lease good until 04/30/2026 but add on option years shouldn't be any issue and business at the location since 2008
To get more information about this Metro By T Mobile Store - Same Location For 15 Yrs business for sale in Long Beach please phone James Kwon (Broker - BRE License #:01382901) at 213-327-5400 Cell and 213-327-5400 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281698 on BizBen.com. In addition to phoning James Kwon, make sure you email James Kwon above to get more info about this Metro By T Mobile Store - Same Location For 15 Yrs, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01382901. Equity Realty Inc..
Contact
Details
Asking Price: $175,000.00
Down: $175,000.00
Cash Flow: $120,000.00
Revenue: $459,633.00
Area: Long Beach
City: Long Beach
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Down
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Revenue
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Down
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Down
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Down
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Down
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Down
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