Verizon (Chino Hills) $650,000

Gross is 1.3 Million and Net Profit was 275k in 2019. and this year it will even be higher.
Covid increased the owner's sales and he remained open the whole time as he was deemed essential.
​DAYS / HOURS OPEN:  Open 7 Days
FULLTIME EMPLOYEES:  2
Part time 1
YEARS CURRENT OWNER:  10
Come take a look at this High Volume Verizon store with an In-House Repair Center. This store has been well established for the past 12 years, providing a one stop shop for all their customers needs such as cellphone upgrades, cellphone repairs, laptop and tablet repairs, newest phone cases and accessories, phone insurance, and small business solutions. Owner just remodeled the the whole store and no expense was spared! COVID did not have an effect on the business since "TeleCommunications" is an essential business and the store has been open throughout this pandemic. Business will continue to increase as more people are reliant on technology. Asking price is $899,000 based off gross sales of 1.3 Million plus! Seller requires buyer to sign non-disclosure agreement before demonstrating complete breakdown of financial records concerning income and liabilities. Call today to arrange private tour! ACT FAST AND DON'T MISS THIS OPPORTUNITY! Owner has established good repor with the community and this store is very well known, along with having Excellent YELP and Google REVIEWS *Employees are unaware of sale* *Employees are unaware of sale*. *Inventory is excluded from the purchase price*
it should qualify for a SBA loan

Rent is about 4400 per month
Currently have 1.5 yes left plus another option of 5 years.
Yes netting 230k to 300k per year. Currently switching carriers so will be an adjustment this year. Strong customer base in this community for this store.
Business has been here for 15 years. The owner now is selling the business due to entering the real estate business so will have less time to attend to this one. No rush in selling as the business is doing well.
Currently lowered the sale price to 650k due to change in the carrier coming up but will go back up after that transition is completed and the revenue from the carrier is back in play. h in selling as the business is doing well.

we are getting a better offer commission wise so that is why we are making the switch. Will update you on the carrier as soon as the documents are finalized.

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