Cell Phone Business For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $492000
Net Profit / Cash Flow $120740
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description This cellular phone business is located at the corner of four roads, which intersect one another, and lead to two major highways on Long Island. This is a ten-year-old business, extremely popular among the local community. Rent is just $1,600 a month. The business does 200 activations a month, including pre-paid connections. It earns $35,000 a month, in gross sale through activations; makes $6,000 a month, in gross sale, through the sale of accessories. It also collects $6,00 a month, by way of a pay-stop-machine. Owner's net cash flow, after paying all the expenses, is $ 10,000 a month. He is selling this business at less than one time earning a year. He is being forced to sell the business for relocation purposes. It is all cash deal. It is one of the best businesses one could buy at such reasonable price; so don't miss this opportunity! Email or call Syed at 631-374-7686 for more information on this cell phone business for sale.
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