SG 6778 New Jersey Newark Discount Cell Phone and Electronics Store

New Jersey Newark Discount Cell Phone & Electronics Store

Business for Sale

E2-Visa Qualified

$1,700,000 Plus Inventory for New Jersey, Newark Area Discount Electronics Store Business Only.  $140,000 average Merchandise sales which includes $250,000 is service and repairs revenues with higher margins.  Extremely profitable business.  Located is a heavily populated downtown setting area of Newark , NJ.  Very busy and profitable operation.  Lots of loyalty from customers and great reputation.  Seller willing to train and work with the right owner operator or a family.  Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us online at http://www.salehgroup.com.

• SG Number: SG 6778
• Business Type: Electronics
• Business Name: SG 6778 New Jersey Newark Discount Electronics Store
• Listing Price: $1,700,000 Plus Inventory for Business Only.
• Down Payment:  Negotiable
• Proposed Seller Financing Availability: Seller to Assist with Financing
• Inventory Value: $120,000
• Annual Gross Sales:  Over $1,700,000
• Annual Owner Profits:  Over $800,000
• Monthly Rent: $6000 Inclusive
• Seller Competition: Seller to Sign a Non-compete Agreement
• Years Seller has Owned/Operated Business: 2016 by seller
• Owner Qualifications: Experience Needed but Not Required
• Reason for Selling: Seller Downsizing
• # of Employees/Management: 6 FT 1 Manager
• Hours of Operation: 10:00 am to 8:00 pm 7 days per week
• Building Size/Type: 3,300 sq. ft. Inline in a downtown setting
• Training Provided: 2 months training at no cost to buyer
• State: New Jersey
• Country: U.S.A.