Cell Phone Repair and Accessories Sb San Bernardino Ca

Cell Phone Repair: 6-Day, Rev $359K, Net $114K, $149K+Invtry, OC

Cypress, CA

> A Cell Phone Repair (CPR) franchise opportunity is up for sale in Orange County for as low as $149,000 with additional inventory of $20,000. > One of the well-known groundbreaking cell phone repair franchise businesses that already have more than 850 stores across the United States and are popular with most generations as a convenient and affordable cell phone repair shop > Located in a hotspot of a well-maintained medium-sized shopping center adjacent to middle-income neighborhoods, with ample parking. It's a turnkey. > As of September 30, 2021, the average annual sales for the year were approximately $355,505 according to the P&L statement; > have additional off-record sales of $18,000 per year. > Average net profits are consistently above $105,000 per year. > All FF&E and state-of-the-art systems have been newly installed/refurbished this year to meet franchise standard requirements while relocating into the same perimeter within the city earlier this year from a 10 year old location; > Thus, everything is bright, fresh and clean, just like a newly opened business. > All-in-one rent, including NNN is $3,600 per month with a reasonable lease term of 5 years + 5 years option. 900 sq. ft. in size. > 2 skilled employees plus 1 owner works full time or as needed. > Due to the creation and support of new service demand by the parent company and the growing size of the same market, it is considered as a business with infinite growth potential. > It is a franchise business with a relatively high growth rate and proven profitability, and it is suitable for owner operators that require minimal manpower and space and have a high possibility of generating stable profits. > Below is a quick summary: • Gross sales are an average of $29,625 per month according to 2021 P & L, and additional sales of approx. $1,500 per month • Net income after all expenses is anywhere between $7,100 (based on the 2021 P & L prepared by CPA) and $95,000 per month including write-offs and extra income • COGS averages 38% • Rent is $3,600 per month, including NNN • Store is approx. 900 sq. ft. in its size • Lease remains 5-yrs and 5-yrs option • Open hours: 10am to 7pm Mon thru Sat( closed 5pm on Sat) and closed on Sun • Employee: 1 FT and 1 PT paying an average wage of $3,500 including payroll tax. 1 owner works full-time • Royalty: 6.2% • Ample parking • Compliance with NDA (Non-disclosure Agreement) > To receive information or a 'walk by', NDA with buyer's profile and PFS are mandatory. > Send your inquiries to beerealty.kevin@gmail.com or text at (714) 345-6514 • NOTE > Never speak to staff or interrupt work during your observations, since employees are unaware of the sales of the business. > The business summaries and financial information posted here are deemed reliable and are obtained from trusted sources via the seller's accountant and/or the seller's formal records. > However, it is suggested that the use of this information be limited to something that is not clear until verified > The broker and/or its agent shall not be held liable for such information whether or not it is true Thanks

$149,000

Cell Phone Repair and Accessories Sb San Bernardino Ca

Source: https://www.bizbuysell.com/california/cell-phone-and-computer-repair-and-service-businesses-for-sale/