Profitable Cell Phone Repair with Strong Growth Potential
$99,900
Seller financing available
The seller is open to letting you pay part of the price over time.
Long lease in place
The current lease runs for several more years.
Training included
The seller will help you get up to speed after closing.
About this business
Highly-rated absentee-run cell phone repair shop in a prime Virginia Beach location with strong revenue and growth potential. Operated remotely with one employee, this business boasts hundreds of 5-star reviews and benefits from a bustling shopping plaza setting. Opportunity to expand through increased marketing and extended hours.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$99,900
- Annual Revenue$137,580
- SDE$51,346
- 1.9×
- Price to SDE
- 0.7×
- Price to revenue
- 37%
- SDE margin
- Approx. Inventory Value
- $5,000
- Approximate FF&E
- $1,500
Details
- 2020
- Established · 6 yrs
- 1
- Employees
- Cell Phone and Computer Repair and Service Business
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- Yes
- Training after the sale
- Included
- Cost
- Free
Property & lease
- Premises
- Leased
- Rent (monthly)
- $1,660
- Lease Expiration
- Dec 31, 2030
Where it is · Virginia Beach, Virginia
Somewhere in Virginia Beach, Virginia. The exact address is not on this listing.
Ad#:762
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