Nationally Known Cell Phone Store
Location New York,United States
Asking Price Range < $250K
Gross Revenues $348000
Net Profit / Cash Flow $121650
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description This number one nationally-known cellular carrier is located in the heart of the city of New York. The business is in the midst of the commercial buildings and the shopping malls; the area is also known for its heavy foot traffic. The business is 15-years old. The size of the store is 1,000 sq.ft., and the lease is for ten years. Although the business does close to 100 activations a month, it also makes $15,000 a month in gross sales, by selling cell phone accessories. Net earnings, after paying all the expenses, is $10,000 a month. The owner, with the right buyer, is willing to finance, with negotiable terms and conditions. A new buyer will also get a code, designated by the carrier, which will bar the opening of the same business within the radius of three miles. The present owner doesn't open on Saturday and Sunday, due to his religious reasons; a new owner's business will grow more as they utilize these two days. Don't pass up this great business opportunity, which is being sold at a one time multiple! Contact for more information on this Cell Phone Store for sale.
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