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Home » Businesses For Sale » Phone & Wireless Retailers » Orange » Listing BFS-126429

Growing B2B Cell Phone Business, Great Residuals

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Location

  • City Orange
  • State California
  • CountryUnited States

Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?

Award Winning & Profitable B2B Cellular Service and Repair Center with Great Residuals. Exclusive, Preferred Sprint/Nextel Service Center

This business to business wireless communications company was founded in 1997 and moved to this location in 1998 where it originally was selling cell phones, service and repairs. Nextel entered the market and this company became one of the first Authorized Representatives. This Exclusive Premium Sprint/Nextel Dealer seized the opportunity and expanded further into the B2B market through an aggressive outside sales force, telemarketing and “in house” customer support team which is the reason they have a great reputation for customer satisfaction. Additional service providers, T-Mobile, Verizon, and Cingular, have been added to complement the core (75%) Nextel customer base. In addition to the B2B segment of the business, this company has a great retail location on a heavy traffic major boulevard in Orange County and generates 50 walk-in customers a month. It also serves an Authorized Service Center for Sprint/Nextel, one of the few independent companies to offer this. Sprint/Nextel is closing it company owned service centers which has resulted in this company increasing it service revenues by $2,000 per month with the expectation it will increase more as Sprint closes additional service centers. These factors and more have led to a client base of over 40,000 customers. The Nextel/Sprint merger has also resulted in bigger commissions on renewals leading to an increase of this revenue stream of approximately $20,000 per month. Residuals alone for the next 36 months are conservatively estimated at $324,000. All this adds up to an excellent opportunity for the right person/corporation to expand into Orange County and increase the business through the recent Sprint/Nextel merger which offers even more support and promotions for Preferred dealers like this. Sellers have developed other interests and wish to move on.

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