SOLD – Prime location Cell Phone Repair Store

Business Description

Prime location cell phone repair store in the Fort Worth area is available for acquisition. This business was originally established in late-2009 by the current owner of the business. The business is placed within a retail strip center that is surrounded by heavily populated residential neighborhoods and many retail businesses with corporations surrounding the area. Most of the customers are middle to upper-class individuals making an average of $75,000/year household income that comes from these densely populated residential neighborhoods as well as from all around the local area of the city looking for a quick repair service for their cellular devices. The net sales have been steadily increasing over the last several years of operation due to their superior services compared to other similar businesses. Marketing has been done throughout the last several years with print and internet Ads, but other forms of proactive marketing are needed to generate more revenue and acquire new customers. Although b2b isn’t the most optimal source of increasing sales, these businesses can utilize b2b services for the nearby schools, companies, public facilities, and local businesses. Another method of generating more revenue would be to strategically place new locations within heavily populated residential cities or placing the new location within a corporate area where b2b services can be utilized to its full potential. Competition can be expected for this type of business, but most individuals within the local area come to each location looking for quality services instead of low-priced mediocre service. This business provides a wide range of products and services such as iPhone repair, Samsung galaxy phone repair, broken screen repair, tablet repair, phone accessories, protection plans, and warranty services for each product. This cell phone repair store has one-of-the-most competitive price points within their areas and just needs a little bit of proactive involvement from a potential buyer to generate more revenue.