Cellphone Repair Business In Buford, GA!
Buford, GA Gwinnett County
Buford, GA
Request More Information Contact the Seller
- RE: Cellphone Repair Business In Buford, GA!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $249,000 | |
| Annual Revenue: | $766,000 | |
| Net Profit: | $242,701 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 953211 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Yearly Sales are projected at $766,000 as the second location just opened April of last year and sales are ramping up!
Net profit is over $242,000 per year AFTER paying $108,000 in Payroll and all other expenses! Sellers run the second location full-time so Employee Payroll is only $54,000 per year to run one location, which means Seller's Take Home is over $296,000 per year!
Cellphone Repair and Accessory Business in the Mall of Georgia in Buford, GA!
Cellphone accessories are high margin items! Seller's inventory cost is only about 20%! Cellphone repairs make up 40% of the total revenue of the business!
There are 2 locations within the Mall! One location is upstairs and the other is downstairs! Seller opened the second location last year so the FF&E looks new and fresh!
Only one employee is needed at each location!
The downstairs location is right at the entrance of a department store! Department store customers entering the mall view this location first! Great visibility and more noticeable based on its location!
Store is only open for 10 hours each weekday and 8 hours on the weekend!
Store has 4.7 out of 5 stars on Google with nearly 650 reviews!
Less than 1 hour from Atlanta! 30 min from Lawrenceville and Duluth, GA!
2 miles from apartment complexes like The Ivy at Ariston, Dakota Mill Creek, The Reserve at Ivy Creek Apartment Homes, Preserve at Mill Creek, Town Laurel Crossing Apartments, and Summer Park Apartments.
Close proximity to a 106-acre development with 1,000 new apartment units, townhomes, and senior housing for about 3,000 residents!
4 miles from a massive proposed 700-unit apartment development!
Located in the Mall of Georgia in Buford, GA! Approximately 17 million people visit the Mall of Georgia annually!
Average traffic count of 32,800 vehicles each day!
Price Reduced! Asking Price for Business-only: $249,000 plus inventory! Seller is willing to owner-finance with a $100,000 down payment!
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
2 miles from apartment complexes like The Ivy at Ariston, Dakota Mill Creek, The Reserve at Ivy Creek Apartment Homes, Preserve at Mill Creek, Town Laurel Crossing Apartments, and Summer Park Apartments.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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