$130,000 NET Absentee-Run 2 Locations Cell Phone Stores

If you are looking for a turn-key set of cell phone stores that offers all the major carriers and does repairs as well and is run absentee with the owner never working there then look no further. The stores have tons of potential with a more engaged and dedicated owner is ready to take it to the next level. Also run it yourself and make an additional amount of net per year by covering both managers. The stores each have a lease rate of $3500 for 1600 sq.ft and $3700 for 2900 sq.ft. and both leases are month to month and both landlords are willing to create a new lease for the new owner. The stores are situated in prime locations with lots of foot traffic and are waiting for you to take it to the next level. Both stores together average around $775,000 per year in gross sales and $130,000 in net profit after all expenses per year. The accessories have a margin of over 60%. The inventory is not included in the price and must be paid separately but the FF&E is included in the price and this net income and the owner's involvement to day to day operation this is a steal. The seller is also offering seller financing with $125,000 down payment from the buyer the owner will carry the balance of $100,000 for 3 years at 7%. Hurry up this will go quick. Location: Phoenix, Arizona Facilities: Two stores each have 1600 sq.ft and 2900 sq.ft. Growth & Expansion: Tons of room for growth with more marketing and more owner involvement.