Cellular Phone / Wireless Retail franchise For Sale
Description
Asking $99,000 USD; Plus $50,000 Inventory. As the leader in the wireless and satellite TV industries, this business is committed to offering their customers the largest variety of cellular and satellite services available in one customer friendly location, staffed by knowledgeable and professional wireless experts. They are also committed to providing a shopping experience that exceeds their customer's expectations. This location enjoys high volume traffic as it is directly across from the Virginia Commonwealth University. The population within a three-mile radius is 115,632 with a median household income of $33,673. Furniture, Fixtures and Equipment are included in the Asking price.Included in asking price
Furniture / Fixtures included
Sales Revenue
332625
Net Profit
Available on request
Years Established
1
Employees
4
Location
This location was established, and the owner started the business, in June 2007. The facility is 1,981 square feet and is located in Richmond, Richmond City County, VA.
Expansion Potential
Growth Pros: The market niche of multi-carrier stores is still in an aggressive growth stage. The more people use cell phones/smart phones, the busier our stores become.
Competition/Market
Competition Pros: Knowledgeable wireless experts. Outstanding customer service. All major brands in one location. Reliable after-sale care including training, repair and technical support. Competitive pricing. Franchisor has over 180 locations operating in 22 states across the U.S.
Support/Training
Extensive Training will be provided.
Reasons for Selling
Business owned by MI venture capital group firm, selling its out of state assets
Finance Available
Financing available for qualified buyer. Please call for more details.
Inventory/Stock Value
$50,000
Tenure
Leasehold
Lease Terms
The lease expires in August 2011, and has one-5 year renewal option.