Mobile Phone Dealer, Busy LA Location

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Background

BizEx ID:BizEx1272-EM
General Location:Los Angeles, CA
Category: Retail
Cell Phones
Years in Business:6
Under Present Owner:6
Hours of Operation:10:00 - 8:00, M-Sat, 10:00 - 5:00 Sun
Owner Hours:Varies
Training:2 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:Month to month
Lease Options:New Lease for Buyer
Building Size:1,665
Employees:6
Reason for Sale:Other Opportunities

Financials

Asking Price:$139,000
Down Payment:Negotiable
Gross Sales:$300,000
Discretionary Cash Flow:$90,000
FF&E:$60,000
Inventory Included?Yes
Inventory:$30,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$4,300
Payroll:$9,500

2018 2017 2016
Gross Sales $ 300,000 $ 300,000 $ 300,000
Gross Profit $ $ $
Disc. Earnings $ 90,000 $ 90,000 $ 90,000

Description

T-Mobile Authorized Dealer - Busy Los Angeles Location

This is a busy location in a shopping center on a major street in Los Angeles. Established in 2013, this business has enjoyed steady revenue and profits.

Note: this currently is a T-Mobile Authorized Dealer but with the Sprint PC merge not no exclusive change of ownership is being allowed. A buyer will still own the store and can still sell their products, and any other mobile products and be able to change ownership at a later date once merge is approved.

  • Easy to Operate
  • Good Profit Margins
  • Popular, Branded Dynamic Product
  • Large Inventory of new inventory
  • Great Location in a popular central LA high pedestrian area
  • Make $100,000 a year with minimal investment

Seller is willing to train a new buyer and get them up to speed quickly.

Cash deal only, no SBA or Seller Note accepted.

Contact me for more information; please register and complete the Non-Disclosure Agreement at https://www.bizex.net/buy-business/register. Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Alex Estrin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 158
Direct: (310) 882-2200 ext 158
Lic#: 01919847

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations