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2-Location nationwide cellphone retailer in East Dallas is available for acquisition. Within the low-cost and affordable telecommunications market, this nationwide retailer is known as the top-performing cellphone retailer compared to the competition. The business provides various services/products, such as new phones with new plan activations, phone upgrades, phone accessories, and other add-on features like insurance.
Competition can always be expected for any business within this industry. As the population grows within each of the respective markets that each location currently services, each facility can expect steady growth with many reoccurring customers that cycle through when new phone plans and services come along. Predominately located in areas that have large communities of Hispanic families, the customer base also consists of many Hispanic individuals and families with a mix of demographics.
Each year both locations have seen steady growth in gross sales with rapid growth in net profits as corporate provided many positive changes to how the business functions to benefit active owner-operators. The retention rate for both stores has historically been high and has continued to the current year of operation as the services provided at each location are highly satisfactory to the customer base.
This is a great opportunity to acquire both locations of this nationwide cellphone retailer known for consistent growth and steady income. Potential Buyers can expect to reap the benefits of a long-lasting business that will continue to flourish.
Furniture, Fixtures & Equipment: $50,000 (Included in listed price)
Inventory: $65,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2007
Facilities: This package features two locations, the first main location is situated within a 1,800 SF space of a retail strip center. The second location is similarly situated within a 1,400 SF space of a retail strip center.
Support/Training: The owner of the business will provide the necessary training for a period of two weeks.
Reason Selling: Other Business Opportunities
Competition: Few competitors are within the immediate market area of both businesses, but competition for this industry is unavoidable. Although competition can be steep, the population of the local area and loyal/reoccurring customers provide consistency with steady growth.
Growth And Expansion: Corporate provides a majority of all marketing across nationwide platforms. The greatest asset for both businesses is the consistency and steady growth that corporate provides through year-round marketing. Having great salespeople will also assist in growing the business through additional product sales.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.