MergerPlace

Highly Profitable Cell Phone/

Florida (Broward)


  • Asking Price: $350,000
  • Gross Income: $721,587
  • Cash Flow: $126,506
  • Real Estate: Not Disclosed
  • Inventory: $100,000
  • FF&E: $41,790
  • Listing ID: #207059
  • Established: 2002
  • Employees: 3 FT

Business Description

This easily distinguishable & very profitable authorized Boost Mobile Kiosk & Dollar Store has been established for over sixteen years in the same location with the same owner. They offer cell phone sales, repairs & a variety of accessories. Its multiple revenue stream consists of selling cell phones and accessories, groceries, household items, lotto, ATM, soda, etc. Steady growth in sales by supplying local residents, neighboring businesses and shops. Could open earlier and close later. Proof of funds or a bank letter of available credit required before any information is dispersed. If partial funds are available we may assist with financing sources. Inventory included in the sale. May qualify for a VISA!


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Broward

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $350,000
Gross Revenue: $721,587
Cash Flow: $126,506
FF&E: $41,790
Inventory: $100,000
Seller Financing Available: Yes

Property Information

Facilities:

6,900 sq ft of front store space in a beautiful and newly renovated strip plaza situated on a major county road. This Cell Phone/Dollar Store has been in the same location for over sixteen years so a lot of customers end up here by default. The plaza has plenty of parking and approximately 100,000 cars pass that road every day. Low rent, friendly neighbors and landlord.

Growth & expansion opportunities:

This independent Cell Phone/Dollar Store has a very distinctive look, it's clean inside and out and boasts a strong customer following. Customers love shopping here. Great potential for growth as there are no other C-stores like this in the general vicinity that also offer cell phone sales with accessories. With the purchase of this Boost Mobile Kiosk the buyer may be approved to open more Boost Mobile locations.

Competition:

The Cell Phone/Dollar Store been operational in the same location for over two decades. This is a very unique retail hybrid in the South Florida market. With the purchase of this Boost Mobile Kiosk the buyer may be approved to open more Boost Mobile locations.

Reason for selling:

Retirement.

Support & Training:

Will train for 3 weeks @ no cost No special skills required to run this store. Seller will train for two weeks and will introduce buyer to vendors and repeat customers. Buyer has to obtain the occupational license from the city and get their own lottery license from the state as guided by the seller. Obtaining such licenses is an easy activity.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Anton Joro

Murphy Business Brokers