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Businesses For Sale
Cell Phone Repair Shop For Sale / Mobile Phone Repair Store
Edmonton, Alberta
Asking price $: 169,000
Sales Revenue $: Avaiblable on request        Cash Flow $: Avaiblable on request
Business Description

We are a Cell Phone Repair Specialist who also doubles as Mobile device accessories store, plus repair of PC, Laptops, Mac, iMac, Game Consoles, etc.
We refurbish and sell pre-owned phones that contribute to even higher profit margins.

We also carry and sell prepaid phone plans (both main networks e.g. roger, telus, bell and mobile virtual network providers e.g. chatr, lucky, public mobile).

We sell gift cards, international calling cards, and do computer rental, and printing services.

We also serve as UPS Access point.

It�s a multiple stream income business model, but with the Cell Phone Repairs, Computer Repairs and Sale of Accessories as the core service of the business.

Detailed Information
Type of Business Sale
It's wholly owned by the Owners, and the sale will be 100% transfer of ownership.
Therefore, no Franchise Fees and Monthly Royalties to worry about.
 
Why the business is an attractive proposition to a buyer
Profitability & Economic Reasons as foremost. It�s in a prime location, which is very visible from the main roads. It's in a commercial complex and surrounded with well-known brands of stores, groceries, coffee shops, banks, gym, etc., that brings a lot of traffic in the area. A well known fast food chain also has its drive through going through the front and back of this location.

Also this type of business has no products that expire, and is very low in overhead.

�The statistic shows the total number of mobile phone users worldwide from 2015 to 2020. In 2019 the number of mobile phone users is forecast to reach 4.68 billion. The number of mobile phone users in the world is expected to pass the five billion mark by 2019.
Source:
https://www.statista.com/statistics/274774/forecast-of-mobile-phone-users-worldwide/

The profit margins of repair costs to that of parts costs are extremely high. Like previously stated, the money you make from one repair can easily quadruple your inventory.
Source:
https://toughnickel.com/.../Start-a-Cell-Phone-Repair-Business-in-30-Days-Introduction
 
Main promotional methods
We promote sales via Google SEO (Search Engine Optimization), paid Google Adwords, and we have high 5 Star Google Reviews, and strong social media presence in Facebook, Instagram, and Twitter.

Ads are also placed in Kijiji, and Valpak flyers. We have pylon signs in the commercial vicinity area itself and we occasionally sign in for Curbex �Curb� Ads. We also have bench advertisements with the Pattison Group of Companies. We are also in Yelp, and is within the top 10 best cell phone repair in Edmonton.

In Addition, strong word-of-mouth referrals from satisfied customers has been a major contributor to our growth over time.
 
Transition of business ownership
The seller offer to train the new owner and it's new employees in all aspects of the business operations, from technical, purchasing and logistics, establishing new relations with the suppliers, sales, on booking customers, softwares used, etc.
The seller offers at least one month of support, and can extend until necessary to ensure that the new owners are comfortable and ready to go on its own.
 
Reason For Selling
Owners are retiring from this Industry
 
Business Category: Store/Shop , Technology

Business For Sale Marketplace In Edmonton

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