Cell Phone Business for Broker in Suffolk County, New York

Business:Cell Phone Business for Broker
County, State: Suffolk County, New York
Business Type: Retail, Consumer Services, Electronic & Electrical Equipment

Summary Description

Successful 3 store franchise chain exceeding 400 new phone activations monthly. franchise has in excess of 250 stores in which franchise spends advertising dollars on weekly full page ads creating a tremendous amount of activity. Stores also offer direct T.V. installations generating additional revenue source. Currently there are 5 installers and there is an opportunity to add installers and increase revenue. store also realizes $40,000 annually on residual income and this residual income continues to grow with more activations. Ideal executive business with extremely low learning curve. Additional franchise locations available for $7500 each. These stores lead the franchise stores as premier outlets. Excellent margins. must be explored by that executive looking to earn $500,000 plus. Easy to run business.

About the Sale

Asking price: $950,000 (USD)

Financing:$550,000 down and 400000 at 8% over 60 months

Total Revenues:$1,522,047 (USD)

Cash Flow:$584,876 (USD)

Reason Selling:partner disagreements

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.