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Listed by:

Transworld Business Advisors of Longbeach Tustin

Computer And Cell Phone Repair Business For Sale

Orange County, California - South, US
Asking Price:
$289,000 (USD)
Sales Revenue:
$323,787 (USD)
Cash Flow:
$130,636 (USD)

Seller Finance Available Computer and Cell Phone Repair Business

This is a very unique store in Orange County, CA because we repair all brands of phones, tablets, and computers, but we specialize in the repair and sale of used Apple computers, phones, and tablets. The business has the backing and support of a franchise, but plenty of freedom to run the business as desired.

This franchise would be great for someone who wants to drop into a small simple business that has the advantage of a clear competitive niche with very fragmented competition. There's all the common benefits of a franchise, and it's simple enough that you don't need a large experienced staff to run the business. The business doesn't require a large investment in inventory and the break-even point is relatively low. We also have a great relationship with many of the phone stores in the local area. These stores send a constant flow of people to us to fix their customer's broken screens so they can go back and trade in their phones.

Everybody has a phone and computer... and sooner or later everybody needs help repairing or replacing them. Our business is located in the heart of Orange County, one of the mostly densely populated areas in the country! This market is perfect for our business model because there are many people in surrounding cities who don't want to just run out and buy new phones and computers every year or two. We have a constant flow of "cleanup and speed up" work coming into the store. Our business has a healthy 50/50 ratio of phone repairs/sales and computer repairs/sales. So we insulate ourselves from the ups and downs of each market.

One of the great values of the franchise is the marketing support. They take care of all online marketing... keeping the site fresh, designing and placing ads on our company site, Google, Yelp, Waze and Facebook. The franchisor ad rep has a monthly call with me to discuss strategy ad content. We adjust sales ads according to the season and our products on hand or what products we want to order from our wholesalers.

Property Information

Real Estate:

Lease

Location:

prime location, clean, modern showroom and strong demographics for its' service packages.

Premises Details:

The Business opened up in 2016 and has seen steady growth year over year since opening. The business did $255K in sales in 2017, $265K in 2018, and $245K in 2019... however the business is growing over 30% in 2020 and is on pace to do $323,787 in Revenue in 2020 and over $130,363 in SDE in 2020.

Business Operation

Expansion Potential:

One aspect of the business that reflects a strong future is that people rely on their devices now more than ever and they are always going to be repairing and upgrading their phones, tablets, and computers. The more that technology is advancing, the better is it for us as these devices become more sophisticated and require a professional for repairs. Our business had over $260K in sales last year and we are on track to beat that number in 2019... customers just keep coming to the store, and we keep getting great reviews!

This store has just signed an exciting new "exclusive" marketing agreement with a large national provider of tv, internet and phone services.
The agreement positions the store as the only local retail store that will offer bundle packages utilizing the best network at the lowest cost on the market!
There is NO additional investment on the part of the store and the additional profit potential for the store is huge!
This well known provider is heavily promoting their services with national tv ads and will now be investing into local marketing to draw traffic into the store.

Competition / Market:

This franchise would be great for someone who wants to drop into a small simple business that has the advantage of a clear competitive niche with very fragmented competition. There's all the common benefits of a franchise, and it's simple enough that you don't need a large experienced staff to run the business. The business doesn't require a large investment in inventory and the break-even point is relatively low. We also have a great relationship with many of the phone stores in the local area. These stores send a constant flow of people to us to fix their customer's broken screens so they can go back and trade in their phones.

Reasons for selling:

Owner/Son/Manager is going back to school full time and cannot continue to run the business

Trading hours:

M - F 10 - 7, Sat 10 - 6, Sun - Closed

Employees:
3
Years established:
2016

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

4 weeks

Furniture / Fixtures value:
$84,900 (USD)
Inventory / Stock value:
$35,000 (USD)
Relocatable:
This business can be relocated.

Contact Transworld Business Advisors of Longbeach Tustin

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