Cell Phone & Tablet Sales & Repair Store Manchester, NH Asking price: $32,500 Listed by: Alicia Kalil, Allied Business Consulting LLC Office Address: 1015 Elm St, Suite 201 A, Manchester, NH 0310 Contact: 603-793-9866 or [email protected]UNDER NO CIRCUMSTANCES SHOULD THE COMPANY, OWNERS, OR EMPLOYEES BE CONTACTED DIRECTLY
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Cell Phone & Tablet Sales & Repair Store
Manchester, NH
Asking price: $32,500
Listed by: Alicia Kalil, Allied Business Consulting LLC
Office Address: 1015 Elm St, Suite 201 A, Manchester, NH 0310
Location: On a very busy main road of Manchester, NH. With a daily traffic count of 43,000 cars per day!
Customer Base: Men and Women looking for a cheaper alternative to their cell phone and tablet needs.
Size of Premises: 1,200 Sq. Feet
Reason for Selling: Owner is moving
Clients: Residents of Manchester which is comprised of an estimated 110,378 residents
Business Hours:
Monday 10-7
Tuesday 10-7
Wednesday 10-7
Thursday 10-7
Friday 10-7
Saturday 10-5
Sunday CLOSED
Opened: 2012
Seller Financing: Yes, with minimum of 60% down
Revenue for 2014: $268,758
Business Summary
Great opportunity to get into an established business capable of providing instant income!
TRENDS
Smartphones continues to be the one of the largest focal points of all of consumer electronics in the US, with 134 million units shipping in 2014. This represents 9% growth in retail volume terms over the previous year and is impressive considering that the retail volume CAGR from 2008-2013 was 37%. After some time, smartphones still has significant momentum. The key driver of this momentum is a gradual shift in focus from high-end products towards more affordable ones that drive volume sales. Telecom companies are happy to sacrifice value sales for volume, because each still brings in lucrative dollars via subscriptions and contracts. Thus, mobile phone OEMs have increasingly been forced to compete on price, particularly as the marginal value of additional features begins to dwindle. A vast majority of manufacturers offer smartphones off-contract for under US$200, which would cost nearly nothing when subsidised with a 2-year contract. The length of time that mobile phones have been around has also driven down prices, as people can choose older models right before new ones are released at greater value. Walmart, America’s largest retailer which caters heavily to value-orientated shoppers, decided to release Apple’s iPhone 5c for only US$1 in 2014, weeks before the expected release of the iPhone’s next generation. Apple, long established as having some of the most costly phones, has even begun to see its base expand into the middle-market as its older phones and more cheaply made phones continue to proliferate.
Thus, the cell phone market continues to grow with a large emphasis on consumers looking for more affordable options. Recell has been able to successfully provide these options, making it a strong and valuable player in the market place!
All services provided are legal and ethical – unfortunately the big guys don’t tell you this!
Premises and lease
The business is located within a popular plaza on a main busy road.
The build out and all required equipment will stay with the business, allowing the new owner(s) to open and operate on day
one!
The current lease is for $1,833.00 per month and expires in April of 2016 with the option to renew upon the request of the
new owner(s).
Equipment & Supplies
(4) Point of sale Computer(s)
(2) Tall Standing Repair Desks
(1) Main Repair Desk
(1) Computer Desk
(1) Small Computer Desk
(7) Computer Monitors
(10) Slat Walls
(1) Security System
(8) Trash Cans
(2) Trash Barrels
(1) Work Order Wall
(1) Shelving Wall/Modem Wall
(1) DVR System & 4 Cameras
(7) Network Phones
(1) Poland Spring Water
Dispensers
(1) Vacuum
(1) Rolling Shelf Compartments
(5) Seats for Customers
(2) Stools
(6) Maple Cabinets for Front
(1) Paper Shredder
(2) Fire Extinguisher
(13) Plastic Drawer (bins)
(5) Specialty Bins for Parts
(4) Plastic Bins for larger parts
(30) Specialty bins for Parts
(1) Electronic Register
(1) Regular Register
(2) Laser Jet Printers
(1) Black Table for Printer
(2) Cell Brite Machines
(1) Filing Cabinet
(1) Sound System
(8) Brochure Display Holders
(8) Black Picture Frames
(2) White Boards
(5) Keyboards (computer)
(3) Mouse (computer)
(75) Phone Display Holders
(1) Blue Rolling Chair
(1) Leather Chair
(1) Modem
(1) Router
(4) Street Signs
(1) In-Store Logo Signs
(2) 4 Quadrant White Boards
(1) Outside of Store Sign
(2) Marquee Signs Outside
(1) Open Sign
(1) Plexi Glass
(1) Power Strip
(2) Window Signs
(3) POS Printers
(2) Ultra Sonic Machine
(1) Broom
Estimated Value = $15,290
Demographic Information
Population in 2012: 110,209 (100% urban, 0% rural). Population change since 2000: +3.0%
Median resident age: 36.2 years
New Hampshire median age: 41.8 years
Zip codes: 03101, 03102, 03103, 03104, 03109.
Estimated median household income in 2012: $54,644 (it was $40,774 in 2000)
Manchester: $54,644
NH: $63,280
Estimated per capita income in 2012: $26,378
White alone - 89,893 (82.0%) Hispanic - 8,883 (8.1%) Black alone - 4,063 (3.7%) Asian alone - 3,993 (3.6%) Two or more races - 2,170 (2.0%) American Indian alone - 250 (0.2%) Other race alone - 272 (0.2%) Native Hawaiian and Other Pacific Islander alone - 41 (0.04%)
For population 25 years and over in Manchester:
High school or higher: 88.0% Bachelor's degree or higher: 26.5% Graduate or professional degree: 8.0% Unemployed: 8.8% Mean travel time to work (commute): 21.3 minutes
For population 15 years and over in Manchester city:
Never married: 38.4% Now married: 40.4% Separated: 2.1% Widowed: 6.1% Divorced: 13.0%