Established in 2012 located in Tarrant county, very stable and consistent cellular telephone store is now available for acquisition. Since the establishment, the sales in 2013 and 2014 were 220k-230k/year with a projected track of 220k in 2015. Throughout the years of operation the sales hasn't deviated much and consistently stayed stable with a range of 220k-230k/year. Cost of sales is set at 18%-20% of the gross income, along with a profitability of $70-80k/year SDE after all expenses. Owner works full time at the store and oversees the operation. Customer base is well built at this operation, but at the beginning coupons were sent to nearby retail stores to increase customers. There's great importance to employee training since the location of the business is in an enclosed premier mall kiosk. Depending on how the employees interact with customers, it can affect sales which facilitate towards the customers in the mall location. Products provided at the operation are cases, chargers, headphones, and screen protectors. Services provided are cell phone repairs and power banks which employees can be trained in short period of time. This is a great location to operate a cellular store with a set foundation of customer base and consistent sales.
Furniture, Fixtures & Equipment: $7,000 (Included in listed price)
Inventory: $10,000 (Included in listed price)
Financing: 100% at the time of closing
Year Established: 2012
Facilities: Kiosk is occupied in a spot at a premier mall with tremendous traffics. Currently franchisor has over 200 Kiosk locations in all over U.S. that directly deals with the landlord, making it easier for individuals to set the location in a mall and help negotiation on behalf of franchisee.Support/Training: Owner will provide training for an effortless transition into the business.
Reason Selling: Relocation and other opportunities.
Competition: There are 5 other direct competitors located in the mall, but the sales for this business are consistently stable throughout the years of operation.
Growth And Expansion: Employee training has a big influence in terms of sales, depending on how the employees interact with customers sales fluctuates. Sales are facilitated towards customers of the mall.
Asking Price $79,000
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