Absentee Run Cell Phone Store in New York City - Business for Sale
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Absentee-Run Cell Phone Store in New York City
New York, NY, US
Added 4 months ago
Cell phone retail and repair shop
Absentee / Semi-Absentee
Absentee-run retail cell phone store in a high-density New York City corridor offering prepaid phones, plans, and in-house phone repair services, operated by two employees with no owner involvement.
Key Information
Asking
$185K
Revenue
–
Earnings
$150K
Multiple
1.2x
Key Highlights
- Annual net income: $150,000
- Store is fully absentee-run with no owner involvement
- Two employees manage daily operations; paid $200 and $170 per day worked
- Monthly rent: $3,000; five years remaining on an assignable lease
- $25,000 of inventory included in the sale
- Works with all major carriers (AT&T, Verizon, T-Mobile), offers prepaid phones/plans, and provides in-house phone repair services
Contact Info
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