Business For Sale Listing 90455
Very Profitable Cellular Store
Status as of Nov-22-2008 at 06:11 PM: Active
Business Summary
Asking Price is drastically reduced, make offer!!!
Best location cellular store located on busy Wilshire Boulevard makes big commissions!!! Asking Price is drastically reduced because Seller is very motivated to sell. However, his support financial information is very weak. Hence, he is willing to sacrifice for a price that will trigger a quick sale. Commission statements are available and credit card receipts are retrievable as well. But there are no financial statements. An astute buyer will be able to determine the profitability by reconstructing the information that is available.
Imagine a simple business model with low overhead, no employees, almost no advertising (and unfortunately, no accounting) that is buried in success. Remember, everyone has at least one cell phone. Now buy it for real! This cellular store has been open for 15 Months but is averaging nearly $30,000 in cellular phone company commissions per month alone. The company can be purchased for less than one year’s earnings based on estimated income. The accessories and repairs add frosting on the cake. The current owner is investing in real estate and he can't do both. The commission statements are easy to verify and the location's success is self-evident. Nearly all of his clients have been walk-ins because of the location. Commission statements & commission checks will be made available during “Due Diligence” to substantiate the income. This is the kind of "gold mine" that is easy to operate. Astute Buyers that can determine value “forensically” might have a “buy of a lifetime” in this one!
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($125,000) |
| Profits: |
Under $100 Thousand ($60,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Less than $100 Thousand ($75,000) |
