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Nashville

  • Listing No.: 133-00081

  • Category: Service

Asking Price $260,000
Down Payment $0
Gross Revenue $234,891
Total Adjusted Net Income $94,555
Equipment/Fixtures $15,000
Year Established 1998
General Location Nashville
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This business specializes in repairing apple products. They also perform repairs on PC's and other electronic devices.  They have been in business for 20 years!  The seller runs the business absentee (about 10 hours per week) from out of state.  There is a manager in place who controls the day-to day operations.  The seller does not perform any of the technical or repair work.  This business is priced to sell considering the net income close to $100,000 with very little  owner involvement.  Similar absentee owned businesses are selling for a multiple of three and even four times net income.  Call or email today for more information. **According to a survey recent survey conducted by CNBC, 64% of Americans own an apple product, with the average American household owning close to 3 apple devices.**

Gross Revenue $234,891 Listed Price $260,000
Total Income $94,555 Down Payment $0
Base Rent $0 Square Feet 1200
Total Rent $1,300 Lease Expiration 8/2020
Rent Deposit $0 Lease Options
Inventory $20,000 Leasehold Improvements
Equipment/ Fixtures $15,000 Other Assets
Full-Time Employees 1 Training Period 2 Weeks
Part-Time Employees 2 Special License Required
Contract Staff 0 Reason for Selling Other Buisness Out of State

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.