3-Location Metro by T-Mobile

3-Location nationwide cellphone service provider in East Dallas is now available for acquisition as a package deal. This carrier is the top leader among the low-cost prepaid cellphone service providers. The business provides various services/products, such as new phones with new plan activations, phone upgrades, phone accessories, and other add-on features like insurance. The business has generated net revenues of $450K to 500K across the 3 locations in the past 3-4 years. The revenues have stayed resilient even during the Covid-19 pandemic. All 3 locations have been fluctuating in terms of revenues but with clear growing trends for the past 3 years even under pandemic. The ratio of the total revenue of the three stores is 53% for the first location, 15% for the second location, and 32% for the third location. A majority of customers for these 3 locations are low to mid-income individuals and families without customer concentration. The customer base for the businesses consists of diverse ethnic groups, 60% Hispanic, 20% Black, and 20% others. This is a great opportunity to acquire 3 well-established nationwide cellphone service stores for a potential buyer who is willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the cities. Listing ID #001100 For more info, please call Moon Kim at 1-866-519-2421. Location: Dallas County, Texas Year Established: 2006 Number of Employees: 9FT/1PT Facilities: The first location occupies a 1,200 SF space of a retail strip center located in the hub of the city surrounded by densely populated residential areas. The second location occupies a 1,689 SF space of a retail strip center located next to the major road and surrounded by heavily populated residential neighborhoods. The third location occupies a 1,600 SF end-cap space of a retail strip center anchored by nationwide grocery and surrounded by an enormous presence of a retail chain. All three locations were newly built by the current owner from the ground up and are within close proximity of a 5-10 minute drive. All equipment is in excellent condition and in great working order. Market Outlook/ Competition: Metro by T-Mobile is well-positioned in the prepaid wireless service market by providing the widest coverage with affordable service price point in low to mid-end wireless service providers. In addition, this nationwide wireless telecommunication company has a strong retail presence with over 7,500 retail brick and mortar locations. Unlike other carriers, various individual and family plans are available at affordable pricing without a contract. Growth & Expansion: Currently, only corporate marketing is in place as the corporate doesn't allow marketing for the individual stores. Nevertheless, these businesses still have great potential to grow further. Providing regular sales training to current salespeople for all 3 locations can improve service quality and increase production. Relocation of the second location into a new location with better visibility can increase customer traffic.