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Business Sales & Acquisitions

Electronic and Authorised cell phone store

Price: $110,000

Location: Kings, New York

Industry: Retail

Listing ID: 06192017

This business is an established household electronics as well as an authorized cell phone retail outlet. The store of 22 years has two sublets paying $3600 per month and comes with $50,000 worth of inventory. The owner looking for quick sale.

Listing Details

Down Payment: $100,000

Gross Revenue: $230,000

Cash Flow: $78,000

FFE: $15,000 (Included in Price)

Inventory: $50,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Available

Operation

Year Established: 1995

Year of Last Acquisition: 2014

Days & Hours of Operation: 7 days a week

Owner Hours Per Week: 40

Employees: 1

Managers: 1

Location

Security on Lease: 4000

Lease Option: No

Monthly Rent: $ 3,500

Type of Location: Commercial

Square Footage: 2400

Facilities Information:

Large open space retail store. Included is additional storage space on second floor.

Summary

Owner Qualifications:

Basic retail operation.

Competition:

Only Electronic store in area.

Financing/Terms:

Available to the right buyer.