Global Business Brokerage Inc. where you will experience a "World of Difference"
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Global Business Brokerage Inc. where you will experience a "World of Difference"
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Industry: Cellular Phone Sales - Retail Sales - BRAND NEW LISTING - HURRY!Ideal Location - Newer Strip Mall - In Mid Pinellas County ...at an extremely busy thoroughfare - ULMERTON RD. ...great visibility from the street and walk-in traffic ...THIS BUSINESS WILL NOT LAST LONG - CALL TODAY!!
NOTE: If you have viewed the other Cellular Retail Store Listing, then you may think this is exactly the same - Well, it almost is... except for the location - BOTH LOCATIONS ARE DYNAMITE SPOTS!
WHY NOT BOTH THIS AND THE OTHER CELLULAR LISTING - BOTH ARE IN GREAT LOCATIONS AND YOU MAKE $200,000+++ OWNER BENEFIT PER YEAR!!!
The Cellular Phone Carrier is METRO PCS (Go to their website www.metropcs.com & read the extensive marketing program which will assist you in making this store successful.) Segment: Cellular Retail & Accessory SalesGeography: Tampa Bay Area - NEAR GULF OF MEXICO BEACHES! GREAT LOCATION! 42,000 cars pass by each day! Asking Price: Cellular Retail & Accessory Sales - $ 95,000 (Hurry - Won't last long at this price -make offer)Gross Revenue: Cellular $150,900 (Net of all telephone & accessory purchases) Owner Benefit: Cellular $132,413+++ (Projected) Year Established: 1988 - (It has been a Metro Store for 2 1/2 Years with existing customer base remaining) Inventory: Cellular Phones & Accessories $ 5,000k (Included in sale) $3,000 Phones/$2,000 Accessories Current hours of operation: Cellular Monday through Friday -9:00 AM to 7:00 PM, Saturday - 10:00 AM to 5:00 PM Sunday - Currently Closed (But could open between 12:00 to 6:00 PM and increase sales!!) Facility: In a newer Strip Center directly on Ulmerton Road (one of the busiest in Pinellas County) WITH EXCELLENT VISIBILITY!!. AND THE CLIENT BASE HAS KNOWN IT AS A CELL PHONE STORE SINCE 1988. Approximately 1,600 Square Feet with merchandising displays created by local Metro Rep - they look GREAT! Fully integrated computer system for on-line activations. Lease: Current lease is one year - expires 2/2009. It has been a one - year lease since inception. Monthly rent is $1,175.60 effective 2-1-2008. Current rent for next two months is $1,036.50. (This landlord has consistently only increased the annual rent by the COL index). First month is payable in an advance with a $300 security deposit. Monthly Revenue & Expenses: REVENUE: Avg. 148 activations per month @ $60 each = $8,880 Used Phone Sales @ 10 per month @ $50 each = $ 500 Accessory Sales = $1,875 Phone Repairs (Repaired off site) $ 195 Metro Payment (400 in December) Percentage $1,125 TOTAL $12,575 X 12 = $150,900 Per Year EXPENSES: MONTHLY Rent $1,175.60 Electric $ 200.00 Phone & DSL $ 165.00 Total Monthly $1,540.60 X 12 Months = $18,487.20 (Excluding any labor - unless the owner-operator does not want to work. The projected owner benefit will exceed the $95,000 within the next few months on an annual basis, if the owner-operator runs the business without labor. No. of Employees: Owner Operated Cellular Retail & Accessory Sales: This is a great business for someone wanting to relocate to the Tampa Bay area. It has everything you need for startup (it's already been done for you). This is a business that someone who really loves sales should buy and could do great at! The business can really be expanded by doing outside sales activities as well, such as home shows, boating shows, events at Civic Center, etc. With a little sales effort, this business can grow. All this and current owner has not even begun to market yet! The Cellular Phone Carrier is METRO PCS (Go to their website www.metropcs.com & read the extensive marketing program which will assist you in making this store successful.) DESCRIPTION OF BUSINESS: The on-line activation access is networked so multiple activities can take place simultaneously. Some of the MANY featured benefits of being a Metro PCS Cellular Dealer include: 1. Metro DOES NOT put other stores within a 2 mile radius, as other carriers do. 2. No credit checks are necessary, so everyone is approved. No turning customers down. 3. With no credit checks, they are now tapping into a huge market that before was not hit due to insufficient credit. The regular cellular companies are all too saturated because of all their target customers already having phones. With Metro, the current owners are able to target markets that did not have phones before, such as; people that only come into town for a few months (i.e. the millions of snowbirds which come to Florida in the winter) and Metro does not require a contract. They are able to get children whose parents would normally be concerned about them going over their minutes because Metro has unlimited talking. Lastly, they can appeal to the "credit challenged", which makes the appeal phenomenal. 4. It is all upfront cash! The owner does not have to worry about late payments and does not have to deal with the many discrepancies which can happen when waiting for the carrier to pay you (such as missing commissions). 5. There are no chargebacks! With carriers that require a contract, they can take back the commission if the customer cancels their account within six months. (This usually happens with approximately 20% of the customers). With other carriers, it works something like this: $200 commission on average minus (-) $100 loss on phone = $100 profit (of which you have to wait 2 months to receive and then it is subject to chargebacks and it might or might not show up on your commission check. 6. Obviously, because of the above, you have more cash flow. Before, the owner would have to purchase the phone, sell it at a $100 loss and then wait to get their money back in the form of a commission, but only after a lengthy wait of 2 months. 7. All the money is made UPFRONT! So, you don't need to have a huge reserve to purchase this business. 8. There is much less hassle with Metro, than other carriers, because the company is straight forward and they only have two rate plans, keeping it very simple. 9. There is more customer contact, meaning more customer point of sale contact. The customer has to come into the store each month to make the payment. With other carriers, for the most part, you don't see that customer again until they have a complaint or after the two year contract expires. With Metro PCS, the customer comes in every month to pay their bill, (which incidentally you make $2 of profit on), and it gives the owner the opportunity to sell them other things when they come in, such as additional accessories, etc. 10. Other stores average approximately 40 activations per month. Metro stores average between 100 to 200 per month. 11. An average store can make well over a $3,000 profit per month, just from customer bill payments, after being in business for only 6 months. 12. It is much less time-consuming! The owner no longer has to keep commission logs and spend countless hours keeping track of commissions. This can save the owner from having to have a secretary or hiring additional help to do all of this paperwork, plus it gives the owner PEACE OF MIND!! 13. Other carrier's activations have dropped by 40% since Metro PCS entered the market in December. 14. Metro PCS has also launched the Orlando, New York & Boston markets. This means that all the people that commute from Tampa to Orlando, are now able to come into your store and get Metro because now their phones will also work in Orlando. NOT CONVINCED YET? READ ON... OTHER BENEFITS OF BEING A METRO PCS DEALER
WHAT A GREAT LOCATION!!! Ready to walk in - take over! Possibly, the greatest value for this business is the location. You really have to see the location, know the demographics of the area and you will figure out why this business has been a success. ULMERTON ROAD IS ONE OF THE BUSIEST STREETS IN PINELLAS COUNTY ... (AND IT'S NOT VERY FAR FROM THERE - TO THE BEACH ON THE BEAUTIFUL GULF OF MEXICO). WHAT COULD BE BETTER? Photos available from the Broker. Photos can be e-mailed after you sign a Non-Disclosure Agreement. You really need to see the photos to appreciate how great this business looks. Call TODAY! Disclosure: Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis. Information provided herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. |
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