MergerPlace

Best Computer/ Cell Phone Repair Store

New York (Richmond)


  • Asking Price: $129,000
  • Gross Income: $129,837
  • Cash Flow: $67,787
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $7,500
  • Listing ID: #208278
  • Established: 16
  • Employees: 2 P/T

Business Description

Growing & profitable computer & cellphone repair shop off a heavily-traveled thoroughfare. Plenty of strip mall parking. The store has maintained its great reputation from the prior store owner in the same location. This is evidenced by its very high ratings on Google & Yelp. Two partners have other business interests prompting the sale. One partner runs the store while the other hasn't worked at the store since purchased. Furniture, Fixtures, & Equipment of $7,500 and $15,000 in inventory are included in sale. Bulk of the inventory includes tools & cell phone parts, unopened cell phone accessories, 7 used cell phones, computers & TVs. New qualified tenant can get much longer total lease term if so desired. Contact Seth @ 201-317-4710 for additional details & showing.


Business Details

Primary Business Category: Manufacturing - Computer & Electronics
Location: New York
County: Richmond

Company Information

Year Established: 16
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 P/T

Financial Information

Asking Price: $129,000
Gross Revenue: $129,837
Cash Flow: $67,787
FF&E: $7,500
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

950 square feet. Located in a very busy strip mall with a popular fast food restaurant + deli with Mexican food + lottery. A new qualified owner/ tenant can get a very favorable long term lease situation with the landlord. Landlord is flexible and would be willing to accept either a lease assignment or negotiate a new lease.

Growth & expansion opportunities:

New owner can purchase a wider array of accessories and could set up an online website to sell these products. It’d be a great idea to do some “voucher” advertising with coupons offering discounts on some services. Having business cards placed at some area, local supermarkets would be a plus to help increase gross sales as well.

Competition:

There are several similar computer, cellphone and TV repair stores within a 5 mile distance. But, a few of them have gotten many poor reviews. This business has very high ratings on Google and Yelp. The reviews have focused on wonderful friendly service at very good prices.

Reason for selling:

Both partners have positions elsewhere and cannot devote enough time to this business.

Support & Training:

Seller to provide (2) weeks of training at absolutely no cost to Buyer(s).

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:

Seth Kain

Executive Business Brokers