Appointed Cell Phone Retail Store - Eastern Cape
About this business for saleAppointed Cell Phone Retail Store - Eastern Cape
This independent retail store (representing “one of the big two cell phone operators”) was established by the owner over 8 years ago and it has grown into a well-established, profitable business.
Operating from very well located leased premises in this very popular Eastern Cape coastal holiday and retirement town, it is owner run and supported by a small compliment of staff.
The business has a large customer base with monthly recurring income from cell phone contracts. Ancillary products are also stocked and sold and there is potential to introduce a cell phone repair service.
The owner wants to retire which creates a unique opportunity for a serious buyer to acquire a “very well branded” business providing recurring monthly income and offering good potential for growth.
The business has an annual net profit (EBPIDT) of approximately R295,802 and offers a return on investment of 35% and/or a monthly payback of approximately 35 months.
The asking price is R850,000 (excluding Stock and VAT)
For more information on this great opportunity, please contact the Listing Broker,
Neville Loader on 071 327 5916