MergerPlace

Profitable Electronics Store

Texas (Tarrant)


  • Asking Price: $325,000
  • Gross Income: $403,397
  • Cash Flow: $136,907
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $3,000
  • Listing ID: #211564
  • Established: 2015
  • Employees: 2 FT / 1 PT

Business Description

Cell Phone, Smartphone, Tablet and Computer Repair Business with franchise support and great location inside a popular mall. The business also sells electronic accessories, hoverboards, Bluetooth speakers and more. The business has been cash flow positive since day one of opening and continues to grow.


Business Details

Primary Business Category: Retail Trade - Electronics & Appliance
Location: Texas
County: Tarrant

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT / 1 PT

Financial Information

Asking Price: $325,000
Gross Revenue: $403,397
Cash Flow: $136,907
FF&E: $3,000
Inventory: $50,000
Seller Financing Available: Yes

Property Information

Facilities:

The location is in an enclosed mall and next to major department stores. There is lots of traffic and visibility due to its location. The rent includes heating and cooling utilities. The tenant is responsible for electricity and waste, which are nominal monthly expenses.

Growth & expansion opportunities:

The new owner can increase online marketing, which has been helping the current seller grow as well. There is also an opportunity to open additional locations with the franchisor.

Competition:

According to several sources, the electronic repair industry is estimated to be $18B in the U.S. and growing. There is a trend to have the electronics repair vs. purchase a new one as the cost for new products is increasing. This also makes the industry recession resilient as a cell phone and tablets are a necessity for current lifestyle.

Reason for selling:

Seller wants to pursue his career in the aviation industry.

Support & Training:

Will train for 2 weeks @ $0 cost. Phones, Tablets, Laptop, Gaming Consoles repair services. Other product sold including but not limited to; chargers, Bluetooth speakers, gaming controllers, hoverboards, gaming consoles and much more. The business requires a staff member to perform the repair services.

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Business Listed By:

Hansal Sheth

Murphy Business Brokers