Description of the business for sale
Cell phone accessory chain selling two of their locations. These locations are located in Alabama and the company is headquartered out of state making it costly to be serviced. Seller wishes to focus resources on locations closer to headquarters. This is a unique offer priced below market value in order to be a quick sale. These stores are located in two major Alabama cities in mall locations. They each have over seven years proven sales. Combined sales are over $328,000. This is a turnkey operation and seller projects new owner’s return to be over $100,000 per year if operated as an absentee owner and as high as $130,000 or more should new owner take on a managerial role. Inventory is around $5K-$9K at cost, FF&E is about $15K. Contact us right away if you are interested.
Support / Training provided by seller
Will provide transitional support
Description of the facilities
Facilities: Both locations are located in established malls. One is in major college town and the other is in one of Alabama's largest cities.
Competition: Carries almost all lines of cell phone accessories. Price of products consistently beats major cell phone provider's retail outlets
Growth and Expansion: The cell phone industry continues to grow with no sign of slowing. Major cell providers lower the cost of phones and raise the cost of the needed accessories. An independent retail outlet will do well because they do not pay proprietary cost.