Cell phones, accessories and more
Location: Kentucky > Jefferson County > Louisville
Industry: Personal > Other Personal Prod. and Services
Financials
Asking Price: $150,000
Gross Revenue: $284,824
Gross Revenue Comments: 2007 tax return
Cash Flow: $68,830
Cash Flow Comments: per tax return for 2007
Inventory: $10,000 (Included in Asking Price)
FF&E: $13,000 (Included in Asking Price)
Business Summary
This is currently an absentee business. The owner spends about five hours a week in the business. The business has been in operation since 1990 and provides cell phones and accessories. The business is in a popular downtown area and is one of the very few available for downtown workers. The primary product is especially popular with customers and they continue to visit the store on a regular basis. The business also has a check free service for many local utility companies and some other businesses. Customers pay their bills here and this generates both traffic and commissions.
About the Business
Year Established: 1990
Employees: 2 full time - 1 part time
Facilities: The business operates in a store front with 472 square feet. The rent is $500 per month but may be raised about 10% when the business is sold. The tenant pays taxes, insurance and utilities.
Market Outlook and Competition: This is a cell phone business and competition is ample. However, the location of this business gives it a convenience factor for many customers. Additional revenues may be possible with added products.
About the Sale
Management Training and Support: Owner will provide assistance as needed.
Reason For Selling: Retirement.

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Listing Tools
BizQuest ID:896497
Seller ID:RS153
Business Listed By
Name:David Hinton
Company:Venture Resource Business Brokers
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