Cellphone Repair and Accessory Business in the Mall of Georgia in Buford, GA!
Cellphone Repair and Accessory Business in the Mall of Georgia in Buford, GA!
Price: $549,000
Industry: Cell Phone and Computer Repair
Listing ID: BUFORDGACELLPHONESTORE549K
Yearly Sales are projected at $766,000 as the second location just opened April of last year and sales are ramping up!
Net profit is over $242,000 per year AFTER paying $108,000 in Payroll and all other expenses! Sellers run the second location full-time so Employee Payroll is only $54,000 per year to run one location, which means Seller's Take Home is over $296,000 per year!
Cellphone Repair and Accessory Business in the Mall of Georgia in Buford, GA!
Cellphone accessories are high margin items! Seller's inventory cost is only about 20%! Cellphone repairs make up 40% of the total revenue of the business!
There are 2 locations within the Mall! One location is upstairs and the other is downstairs! Seller opened the second location last year so the FF&E looks new and fresh!
Only one employee is needed at each location!
The downstairs location is right at the entrance of a department store! Department store customers entering the mall view this location first! Great visibility and and more noticeable based on its location!
Store is only open for 10 hours each weekday and 8 hours on the weekend!
Store has 4.7 out of 5 stars on Google with nearly 650 reviews!
Located in the Mall of Georgia in Buford, GA! Approximately 17 million people visit the Mall of Georgia annually!
Less than 1 hour from Atlanta! 30 min from Lawrenceville and Duluth, GA!
2 miles from apartment complexes like The Ivy at Ariston, Dakota Mill Creek, The Reserve at Ivy Creek Apartment Homes, Preserve at Mill Creek, Town Laurel Crossing Apartments, and Summer Park Apartments.
Close proximity to a 106-acre development with 1,000 new apartment units, townhomes, and senior housing for about 3,000 residents!
4 miles from a massive proposed 700-unit apartment development!
Average traffic count of 32,800 vehicles each day!
Asking Price for Business-only: $549,000 plus inventory!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Gross Revenue: $766,000
Cash flow: $242,701
Year Established: 1999