Sold
RECESSION RESISTANT CELL PHONE AND COMPUTER REPAIR FRANCHISE - SC2150
RECESSION RESISTANT CELL PHONE AND COMPUTER REPAIR FRANCHISE - SC2150
This national cell phone and computer repair franchise is a California C Corporation that has been in operation for the past 11 years under ownership of the founder. Located in a centralized shopping center in Northern California, they specialize in iPhone repair services, smartphone repair services, iPad repair services, Mac repair services, tablet/laptop/computer repair services and even console repair services and iPod/MP3 services. With over 6 million devices repaired across the franchise system, the expert technicians at this location offer same day repairs and a lifetime warranty. They use secure protocols to ensure confidentiality and offer convenient pick-up.
Financial Information
- Asking Price $95,000
- Cash Flow $70,000
- Gross Revenue $450,000
- Down Payment $95,000
Business Location
- Placer County, California
Reason for Sale
- Seller is looking to sell for retirement.
Detailed information
- Year Established: 2012
- Home Based: No
- Franchise: Yes
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w:40
- Adjusted EBITDA: $40,000
- Inventory Included: Yes
- Inventory Value: $22,500
- Monthly Rent: $2,063
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 1250
- FF&E Included?: Yes
- FF&E Value: $45,000
Training/Support
- The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training from current owner can be made available at a mutually agreed upon cost to the new Owner.
Market Outlook/Competition
- The electronic equipment repair service market size is projected to reach $129.44 Billion by 2023 and is expected to grow at a 6.3% CAGR to a size of $238.45 Billion by 2033.
CA 02100708
NV 1003039
Listed By: Lerma Guevarra
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Background information
Reference:
SC2150
Year established:
2012
Reason selling:
Seller is looking to sell for retirement.
Finance
Sales:
$450,000
Profits:
$70,000
Profit type:
Free Cash Flow
Operations
Employees:
Full-Time Employees: 1 Part-Time Employees: 1 Contractors: N/A
Equipment:
FF&E Included?: Yes FF&E Value: $45,000
Inventory:
Inventory Included: Yes Inventory Value: $22,500
Furniture fixtures and equipment:
FF&E Included?: Yes FF&E Value: $45,000
Premises
Facility:
Monthly Rent: $2,063 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 1250
Square footage:
1,250
Rent and lease terms:
Monthly Rent: $2,063 Building Size: 1,250 sq. ft.
Location:
Placer County, California
Opportunities
Growth:
The electronic equipment repair service market size is projected to reach $129.44 Billion by 2023 and is expected to grow at a 6.3% CAGR to a size of $238.45 Billion by 2033.
Market:
The electronic equipment repair service market size is projected to reach $129.44 Billion by 2023 and is expected to grow at a 6.3% CAGR to a size of $238.45 Billion by 2033.
Price and terms
Price:
$95,000
Down payment:
$95,000
Financing:
No seller financing offered at this time.
Training:
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training from current owner can be made available at a mutually agreed upon cost to the new Owner.