Mobile Phone Repair and Accessories BUSINESS FOR SALE
THIS IS PERFECT OPPORTUNITY FOR OWNER OPERATOR WHO TICKS ONE OF BELOW:
- ARE YOU A MOBILE PHONE TECHNICIAN?
- ARE YOU PASSIONATE ABOUT RETAIL SALES?
- DO YOU INSPIRE TO RUN YOUR OWN BUSINESS?
About the store:
• Location – Upper North Shore, Sydney NSW
• Situated – Busy Shopping Centre
• Operating since – December 2022
• Lease – 5 years (subject to landlord approval)
• Type of Fitout – Inline Shop
• Fitout Cost incurred at opening - $180,000 approx.
• Current Fitout condition – Near New
• Staff Requirement – One staff everyday
• Trading days – 7- day operation.
Services we currently offer:
• Wide range of accessories for Mobile Phones, iPads and Tablets.
• Repairs for Mobile Phones, iPads and Tablets.
• Outright Devices – New and Pre-owned
• Device Buy-back
Opportunities to expand business:
• Add Laptop repairs, accessories, sale & purchase.
• Add Prepaid Sim-cards & Postpaid contracts.
• Add other complimenting electronic items.
Financials:
• Sales - $400,000 annually
• Rent - $152,000 (Ex-GST) annually
• Cost of Goods - $125,000 (25% of Revenue)
• Wages (one staff, once a week) - $12,500 approx. annually
• Utilities (Insurance, Electricity, Phone & Internet) - $5,000 approx. annually.
• Annual Profit - $105,500 approx. (owner operator working 6 days a week)
• Asking Price - $99,000 plus GST
• What’s included – Fitout only
• Bank Guarantee – Approx. 3 months’ rent equivalent
• Stock – Stock at Valuation plus GST (if required)
• Legal costs (Assignment of lease, Contract of sale etc)- $10,000 approx.
• Assignment of Lease – Subject to landlord approval.
Reason to sell:
Unable to find appropriate staff for this location and this opportunity is more suitable for owner operator.
Contact us today for more details!
