MergerPlace

Nationwide Wireless Service Provider

Central Dallas, Texas (Davidson)


  • Asking Price: $220,000
  • Gross Income: $713,257
  • Cash Flow: $110,378
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $40,000
  • Listing ID: #223899
  • Established: 2016
  • Employees: 6FT/1PT

Business Description

Office ID: #001029

Nationwide prepaid wireless service provider in various prime locations is available for acquisition. The owner of the business established each of the locations in 2016 and has continued to run the business perfectly. While many other nationwide stores commonly use cheaper accessories to provide customers low-cost options for their mobile phones, the owner instead provides high-quality products that sell for a higher price point. Many of the customers at each location are a wide variety of demographics of individuals and families within the middle-class income bracket. Throughout each area, residential neighborhoods and densely packed intersections help drive traffic to the stores due to easy accessibility as well as the short distance for convenience. Gross sales of the combined businesses are roughly $1,000,000/year that has been consistent over the last several years of operation with accessory sales growing each year. Activations per store are on average 100 - 120/month that has steadily grown as the population in each area has increased. Corporate marketing assists in bringing a consistent stream of customers to these stores, but the business owner has truly taken over the accessory market in each respective area due to being one-of-the-only vendors for high-quality accessories that other mobile stores lack. Although other marketing methods can be used to grow the business, word of mouth and corporate marketing is the key driving factor to the consistent sales of each business. Accessory sales can be further increased by expanding the options available to the customers while they shop around the stores. The owner of the business works full-time managing each of the locations while the highly-trained staff takes care of customers needs and upsell their line of products. These nationwide prepaid wireless service providers need a potential buyer that is fully invested in growing the business and proactively looking to expand the business opportunity.


Business Details

Primary Business Category: Retail Trade - Electronics & Appliance
Location: Texas
Metropolitan Area: Central Dallas
County: Davidson

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6FT/1PT

Financial Information

Asking Price: $220,000
Gross Revenue: $713,257
Cash Flow: $110,378
FF&E: $40,000
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

The main location is 1,980 SF, the second location is 1,800, and the last location is 2,400 SF. All locations are placed within retail strip centers that are surrounded by numerous residential neighborhoods and busy streets.

Growth & expansion opportunities:

Corporate marketing takes care of most, if not all, the marketing each of the locations requires to grow further. Local marketing done by the owner can range from word of mouth, new product promotion, and training sales people.

Competition:

Few competitors are within the immediate market area in each of the respective locations for these businesses, but many of the previous competitors have already shut their business down and are driving huge traffic to each of these businesses.

Reason for selling:

Other Opportunities

Support & Training:

The owner of the business and corporate will provide the necessary training needed to smoothly transition into the business operation.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com