Reduced! Absentee Electronic Repair Store

Updated April 2022. Business still going strong! Retail store front electronic repair store and accessory retailer. 50% accessories 50% repairs - 80% of repairs are simple standard iPhone repairs... leaving only 10% of the revenues derived from moderately difficult repairs which can be profitably sub contracted out if needed.. Business currently being managed by a general manager. Owner works 1-2 days on the weekend while keeping his full time job. Manager makes $40-50k a year depending on sales. Buyer could either work full time or allow a general manager to stay in place. General manager interested in a long term partnership or gaining some stake in the business. Numbers shown are a reflection of a buyer working full time in the business. Absentee owner should adjust $45k out of the cash flows to pay manager. Which should leave a little more than $35k in free cashflow for the buyer. If the buyer additionally doesn't want to work Saturday he should account for one more part time employee to cover that shift. Location: Collin County, Texas Year Established: 2015 Number of Employees: 2 Real Estate: Leased Rent: $9,834.00 Per Month