#1 Ranked Cell Phone Electronics Repair Business in Philly
Asking Price: | $50,000 |
Inventory: | $25,000 |
EBITDA: | $25,000 |
Established Year: | 2019 |
Gross Revenue: | $175,000 |
Rent: | $2,000/Month |
FF&E: | $10,000 |
Selling 1 Location for $50,000 on University Campus
Phone Repair Philly is a profitable, respected and well-established business in Philadelphia. We have 4 locations all within a few miles and within nicer areas of the city near downtown Philly.
I am selling 1 location and looking to downsize because its too much work and I have 2 other companies I own and manage.
Location for Sale = Temple Campus (store on Temple University campus near the library)
PRP has an amazing reputation with an average rating of 4.8/5 with over 3000 reviews across Google, Yelp and Facebook.
We repair all types of personal devices such as cell phones, tablets, and laptops. 75% of our revenue is break and fix repairs, but we also sell devices and accessories. A proper buyer/investor with retail experience could generate a lot more revenue on the retail side where our current ownership is lacking experience. Most of our revenue comes from cracked phone screen replacements, but our highly trained and talented team can fix all types of devices and issues, even as detailed as microsoldering.
This location is fully staffed and operational. Its less than 500 SF so its a small and profitable retail store.
Month Revenue = $15,000 - $20,000
Monthly Profit = TBD but roughly 10-20% monthly
There are THREE main reasons customers choose Phone Repair Philly.
1. Professionalism and Expertise (we are not some sketchy corner shop or kiosk)
2. Reviews and reputation
3. Speed and Quality
As the owner I will help you take over that location and give you everything you need to be successful. You can even keep the name, location, employees, inventory, equipment, etc.
I would like to sell this location ASAP, with a 1-year timeline for the transition.
Owner is open to negotiation.