Turn-Key Phone Repair and Accessories Business in Frankston, VIC
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About this business
In the seller's words
Full description, as written by the sellerPhone Repair and Accessories BUSINESS FOR SALE - Bayside Frankston VIC
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 – South-east Melbourne
- Situated – Busy Shopping Centre
- Operating since – July 2022
- Lease – 5 years (subject to landlord approval)
- Type of Fitout – Kiosk
- Fitout Cost incurred at opening - $120,000 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 - $300,000 annually
- Rent - $90,000 (Ex-GST) annually
- Cost of Goods - $75,000 (25% of Revenue)
- Wages (one staff, once a week) - $12,500 approx. annually
- Utilities (Insurance, Electricity, Phone & Internet) - $5,000 approx. annually.
- Annual Profit - $119,500 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 for more details. Fill out the enquiry form today.
Key facts
- Business type
- Phone Shop
Location
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