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Industry:    Cellular Phone Sales - Retail Sales - MAJOR BRAND                      

                                        Ideal Location in Hillsborough County, Florida

Segment:              NEW RETAIL ACTIVATIONS, UPGRADES, NON-CONTRACT SALES & ACCESSORY SALES

                                        Geography:  Tampa Bay Area - TOWN & COUNTRY LOCATION - WESTCHASE - CITRUS PARK AREA

                                        32,000 cars pass by each day!

Asking Price:                               $110,000 CASH -PRICE JUST REDUCED FOR QUICK SALE!!!

Gross Revenue:                        $266,580 (SEE BELOW FOR DETAILS)

Owner Benefit:                          $125,586

                                                      (The owner benefit for 2009 was the same as 2008 - which is quite an accomplishment

                                                      in this recession).

Inventory:                                    Cellular Phones & Accessories    $    5,000 ($3,000 PHONES, $2,000 ACCESSORIES)

                                                      (Included in Sale Price)        

FF&E:                                           Furniture, Fixtures and Equipment  

                                                       This store is a NEW BUILD OUT in 2002.  Located on a Major Road in Hillsborough

                                                       County in new strip center and great visibility from the street.  Excellent foot traffic as well.

                                                        BUILD OUT:

                                                        Furniture, including shelving, cabinets, counters, etc.:   $20,000

                                                        Beautiful hardwood floors & Walls, Etc.:                            $16,000

                                                        Electric:                                                                                  $  4,000

                                                        TOTAL                                                                                     $40,000

                                                        (THIS IS AN EXPENSE WHICH HAS ALREADY BEEN TAKEN CARE OF FOR YOU)

Facility:                                        1,200 Square Feet in GREAT LOCATION.  Inside looks like a "Company Store"

                                                       and it is beautiful.  In fact, when clients come in - they think it is a Company Store.

                                                       Spacious Manager Office and a Repair Area, if anyone wants to get into cell phone repair.

Established:                                 5 Years

Lease:                                          $3,200/Month.  The current lease expires Nov. 09 (4 Yr. of 5 Yr. Lease with 5 Year Option) - Includes Cam

Sales Revenue and Cost Analysis:

                                                        Average Number Per Month (12 Month Average)

                                                        Activations:        65 X $240                 =    $15,600

                                                        Upgrades:           25 X $115                 =    $ 2,875

                                                        Feature Sales:    50 X $ 25                  =    $ 1,250

                                                        Phone Sales:        8 X  $ 90                 =    $   720

                                                        Accessory Sales (Net)                        =    $ 1,500

                                                        Phone Repairs:                                    =    $   250

                                                        Payment Processing:  80 X $1.50      =    $  120

                                                        Used Phone Sales:      15 X $65         =    $   975

                                                        Phone Unlocking:        5 X   $55         =    $   275

                                                        TOTAL MONTHLY SALES:                      $ 22,215

                                                        TOTAL YEARLY SALES:                        $266,580

Monthly Expenses:                            

                                                                                                       MONTHLY       

                                                         Rent                                         $3,200     (4 Yr. of 5 Yr. Lease w/ 5 Yr. Option) - Includes CAM                                    

                                                         Electric                                    $   200            

                                                         Phone & Internet                    $   165

                                                         Insurance                                $   100           

                                                         Security                                   $     27      

                                                         Sales Tax                                $    650

                                                         Misc. Costs                            $    250  (Credit Card Pymnt/Co-op Advertising)

                                                        Labor                                       $1,980 (Based on Owner Operator with 1 Employee @ $7.50/Hr. for 66 Hrs. Per Week

                                                                                                                        $7.50 X 66 = $495 X 4 = $1,980

                                                                                                                        Commissions paid to Employee:  $12.00 X 90 (ACTS & Upgrades) =

                                                                                                                        $1,080 Month X 12 Months = $12,980 Year     

                                                        TOTAL MONTHLY EXPENSES:  $6,572 Mo.

                                                        YEARLY EXPENSES:  $6,572 X 12 = $78,864

                                                        YEARLY GROSS SALES =   $286,850

                                                        YEARLY EXPENSES =     (-) $  78,864

                                                        LESS:  COST OF PHONES (NET LOSS PER PHONE)    65 x $80 x 12 = $62,400

NET YEARLY SALES:                   $187,968 (LESS PHONE LOSS = $125,586 - NET PROJECTED - OWNER BENEFIT)

No. of Employees:                       Owner plus 1 Fulltime

Hours:                                            Monday - Saturday:        10:00 AM to 8:00 PM

                                                         Sunday:                          12:00 AM to 6:00 PM

Training:                                        Two weeks at no cost to the Buyer

Non-Compete:                              3Years - 2 Miles

                                                      

Cellular Retail & Accessory Sales:  SIMPLIFY - ONE CARRIER & ONE GREAT BRAND - T-MOBILE:

This is a great business for someone wanting to relocate to the Tampa Bay area.  Has everything you need for startup (it's already been done for you). There is great visibility in this new strip center on a major road with great visibility from the street and excellent foot traffic.  Owner already has over 3,000 established clients in the database - A GREAT MARKETING TOOL! 

This business has been established for 4 years.  NOTE:  The final build out for this total facility was in 2003 and the inside is beautiful with hardwood floors and cabinetry.  Looks like a top notch Company Store.

WHY IS THE SALES PRICE SO LOW?  Owner is selling due to family responsibilities and other projects out of state.  Owner just reduced price for quick sale.  Now is the time to take advantage of this great opportunity.

 

Information on the carrier - T-Mobile

DESCRIPTION OF BUSINESS:

This beautifully designed Cellular Retail Store is located in a stand alone busy traffic cornered lot, which is a cross street of two major intersections.  The neon signage and the interior build-out are completely new and give the appearance of a very high-tech, state-of-the-art, upscale, retail store.  There is ample parking in a newly paved parking lot and easy access and exit since there is a traffic light on the corner and is in a highly desirable location.  Some of the featured benefits of being a T-Mobile Cellular Dealer are:

  • Rated by J.D. Powers & Associates as BEST in Customer Service

  • Accurate on-line service information - 24/7.  When you call as a store sales rep or a customer, you talk to a "real person", not a distracting voicemail to deal with.

  • As a Sales Representative, you can make Customer Adjustments on-line 24/7.

  • GSM Network is one of the best! 

  • Fastest growing Cell Phone Company in the USA.  T-Mobile signed up more new activations per month than any other cell phone regularly.

  • Corporate T-Mobile Trainers provide training to local stores regularly.

  • T-Mobile offers co-op advertising programs for retail locations.  Local store advertising costs you less.

  • T-Mobile Corporate Offices offer advertising collateral, such as top notch displays and newspapers slicks, etc.

  • T-Mobile's On-Line Website does not sell the phones for less money than the retail stores.  Therefore, they are not in competition, other cell phone carriers seem to be.

  • T-Mobile offers easy rate plans.  In fact, some of the best in the industry!  There is a plan for every customer's budget and T-Mobile provides a great commission structure for incentive to the retail stores.

  • From a retail store owner's perspective and viewpoint, T-Mobile is extremely easy to work with, providing fantastic customer support and store commission plans favorable to the store owners.

WHAT A GREAT LOCATION!!! In beautiful TOWN & COUNTRY/WESTCHASE/CITRUS PARK AREA.  If you are new to the Tampa Bay area, this would be a great place to relocate.  Excellent schools, shopping, restaurants and close to everything!  This is one of the nicest areas in the Tampa Bay area.

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.