Ground floor opportunity to be a part of a franchise concept that is the leader in the cell phone repair industry in Texas that is rapidly growing. The competitive edge is fast, friendly, guaranteed, competent service in a professional retail environment while you wait. Simple niche concept with limited direct competition. Repairs smartphones and tablets as well as laptops and desktops. Lifetime warranty on all repairs. All technicians are certified and the best in the field.
Leading provider of cell phone repairs such as screen repair, water damage repair and power issues among many other things. Also provide services like cell phone unlocking, data recovery and accessories. The owner of this shop has on going, working relationships with the managers of the store fronts for cell phone service providers Verizon, T-Mobile, Sprint and AT&T who refer a constant stream of customers which is driving the business as well as internet traffic. Note: The franchiser spends substantial monies with Google search optimization to keep the franchise name in the top pages when customers search on-line for cell phone repair/Dallas. The remainder of the business is the walk in trade. Excellent, highly visible store front location on extremely busy thoroughfare with approx. 70,000 automobiles passing by daily.
Extremely motivated situation. Partnership situation with the working partner wishing to return to the corporate world. Owners will look at any reasonable offers at this point. The business is already self-supporting after only 7 months in operation starting up from nothing with limited promotion. The difficult part of negotiating & executing a premises lease, building and finishing out the store, getting the franchise agreement negotiated and executed and launching the concept has been done. This is now a turnkey opportunity with all the necessary infrastructure in place for a new owner to take it to the next level.
Purchase of the business will require transfer of the existing franchise agreement. The transfer fee is $5,000 and the on-going monthly royalty to the franchiser is a total of 10% of gross sales (8% royalty for the name plus 2% for local advertising). There are a total of 7 independently owned franchise storefronts all the D/FW area.
Financial information is for the 6 month period ending 7/31/15.
Additional business details are available. You will be required to document your ability to complete the proposed transaction. For more information on this cell phone repair business, please contact Stocker Travis at 972-783-1662 or e-mail at firstname.lastname@example.org
Reason to sell
: Partnership situation
Support and training
: Seller will provide on-site training after purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of training and sign a no competition agreement.
: Excellent market outlook for the right individual.
: Business operates in a 961 square foot leasehold space in a high end retail strip shopping center in Dallas at a total gross monthly rental of $2,948.25. Current lease term expires 7/1/20.