Phoenix Convenience Store + Cell Phone Repair | Absentee | Low Rent - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🏪
Convenience Store and Cell Phone Repair Shop in Phoenix, AZ
Phoenix, AZ, US
Added 1 month ago
Convenience Store with Cell Phone Repair
23 years in business
Absentee / Semi-Absentee
This business is a convenience store, grocery market, and full-service cell phone repair shop operating absentee in Phoenix, Arizona, with three income streams including retail, service, and tenant rental income.
Key Information
Asking
$550K
Revenue
$960K
Earnings
$198K
Multiple
2.8x
Key Highlights
- Business was established in 2003 and has been operating for 23 years.
- Business operates as a convenience store, grocery market, and full-service cell phone repair shop.
- Premises are 3,000 sq ft with rent at $3,500 per month (approximately $14 per sq ft annually).
- Two full-time and one part-time employee are in place; business is run absentee.
- Seller financing available with $300,000 down, balance over three years at 8% interest ($7,834 per month).
- Business holds a Series 10 beer and wine license, lottery, and TPT license.
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence