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High Traffic Cell Phone Store
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $768000
Net Profit / Cash Flow $117680
Cash Flow Type EBITDA
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Inventory 108850
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Semi retirement.
Description Name: GMD Electronics - $48,000
Type of Business: High Traffic walk in Retail store selling cell phones, cellular accessories, high speed Internet, prepaid products, parts, etc. Also it is a payment center where people from all over the area come to bill their bills. GMD Electronics has been in business in Alvin for over 15 years now. Store front parking with parking right in front of the store and to the side. 3 large signs with a reader board facing the road that leads to Wal-Mart. This reader board is read by over 1000 cars per day. Age & Condition of Equipment: Most equipment is new and under 5 years old. The showroom is new construction and under 6 « years old. Cleanliness: Very nice and clean store that has a cleaning service come in once per week and clean. Daily the glass display cases are cleaned daily. Awards, Certifications, Permits: We are certified and licensed to carry all products we have in stock. Our staff attends monthly on-going training to stay current in the wireless industry. We carry Verizon Wireless, Airvoice, T-Mobile, Zapp Unlimited, Simple Mobile, H20 and Clear Internet. We also carry satellite products as DirecTV, Dish Network, and HughesNet Satellite High Speed Internet. Growth Potential: Everyone over the age of ten has to have a cell phone and make the monthly payment on that cell phone. This store with its great location will continue to be the area's largest provider of cell phones well into the next decade. Store hours are 10am until 7pm Monday thru Friday and 10am until 3pm on Saturday. Location: Alvin, TX Next Door to a very busy Wal-Mart at the corner of two very busy highways (Hwy. 35 and Hwy. 6). This is the busiest area of Alvin by far. Very visible to all. Assets: $92,400 (build out, alarm system, cash register, sales computer, routers, modem, satellite TV)
Inventory: $16,450
Office Furniture/Display Cases: $32,800
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