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Orange County

  • Listing No.: 106-20719

  • Category: Service - Personal B2C

Asking Price $60,000
Down Payment
Gross Revenue $266,029
Total Adjusted Net Income $35,435
Equipment / Fixtures $20,000
Year Established 2014
General Location Orange County
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Cell phone and computer repair accessories store located in an upscale Coastal Orange County community. Business is 100% employee run. Owners live out of the country and are not able to cross borders due to border shutdown. Business is an essential business and has been able to stay open throughout COVID. The Payroll includes manager compensations, commissions, bonuses. Seller states they run a high payroll as absentee owners and it can be brought down significantly with an owner operator. The $35k profit is based on 2020 P&L with owner operator add-back of $45,000. The business specializes in the repair of iPhone, iPad, iMac, Macbook, PC repairs and accessory sales. Great location on a very busy corner intersection with high visibility. New owner could add more services like in home security and entertainment systems. This business has great potential for an owner operator. Please contact the Listing Agent, Steve Sharp, for more details. (619) 454-1786

Gross Revenue $266,029 Listed Price $60,000
Total Income $35,435 Down Payment
Base Rent $3,752 Square Feet 1200
Total Rent $3,752 Lease Expiration 08/2021
Rent Deposit $7,000 Lease Options 1, 3 year
Inventory Not Included Leasehold Improvements $2,500
Equipment / Fixtures $20,000 Other Assets
Full-Time Employees 3 Training Period Manager can train on operations
Part-Time Employees 1 Special License Required No
Contract Staff Reason for Selling Live in Canada; due to COVID can't enter the US for an undetermined period of time.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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