SG 7473 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.  $180,000 average Merchandise sales which includes $250,000 – $300,000 in 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 7473
  • Business Type: Electronics
  • Business Name: SG 7473 New Jersey Newark Discount Electronics Store
  • Listing Price: $1,700,000 Plus Inventory for Business Only.
  • Down Payment:  To be determined
  • Proposed Seller Financing Availability: Seller to Assist with Financing
  • Inventory Value: $120,000 +/-
  • Annual Gross Sales:  Over $2,000,000
  • Annual Owner Profits:  Over $900,000
  • 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
  • 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.
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