Mult-location Cell Phone Operator

Location: United States -> Illinois -> Chicagoland
Industry: Retail > Computers and Electronic Equipment Retail

Businesses for sale Summary

The SBA has pre-approved an acquisition loan for this business for a qualified buyer. The company operates four Sprint/Nextel authorized retail mobile phone stores in the Chicagoland area. The company is well-established and has built a solid operation through outstanding service and reliability. They offer the full array of mobile phone handsets, accessories and services.

In recent years, the US Wireless Telecommunications Carriers Industry has enjoyed strong growth in line with the rapid adoption of various wireless devices including cellular phones and broadband personal communication services (PCS). The strong revenue growth can be attributed to higher subscribers, which has been facilitated by increased competition, more advanced technology and increased use of communication services. Far from reaching saturation, cell phone service providers and manufacturers will continue to invest in core technologies and networks to attract new users, convert existing ones and increase revenues from the embedded client base.

This is a great opportunity with solid cash flows, established infrastructure, market presence and a great track record. The acquisition of this business will provide the right buyer with a solid foundation for future growth with one of the premier wireless providers in the industry. Contact for more information on this Cell Phone business for sale.

Financials

Asking Price Range: $500K – $1.0M
Gross Revenues: $624,124
Cash Flow: $188,649
Cash Flow Type: Sellers Discretionary Cash
Inventory: $25,000
Seller Financing: Yes

About The Business

Year Established: 2002
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Seller to provide transitional support & training.
Reason For Selling: Other business interests.