Established Electronic Repair and Sales Business

Business Opportunity for Sale
Catylist Listing ID: 30470289
Property Subtypes: Retail Stores
Building Size (RSF): 3,100 SF
Sale Price: $70,000
Name of Establishment: Freedom Tech
Business Website Address: https://freedomtech-it-tv-cell-phone-electronic.business.site/
Year Business Established: 2016
Gross Revenue: $91,047 (Annual)
Cash Flow: $64,081 (Annual)
Relocatable Business: Yes
Last Updated: 8/8/2019

Overview / Comments

Great opportunity to purchase a growing IT - ELECTRONIC REPAIR business that specializes in repair and sales of TVs, cell phones, game systems, and computers. Real estate not included in the sale. Price is for business opportunity AND inventory. Located in one of the fastest growing real estate and business markets in the country, this space is in an easily accessible location, right next to the Secretary of State office in Holland. Seller will remain available for up to 30 days, to consult and ensure a smooth transition for the new owner, and customers. 3 yrs. remain on current lease - Buyer to negotiate lease with landlord.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Industry Segment: Electronic Equipment Retailing
Reason for Selling: Seller moving out of country.
Value of Inventory Included ($): $27,000
Value of Furniture, Fixtures, and Equipment ($): $8,000
Value of Real Estate Included ($): $0
Employee/Labor Description: Electronic repair and sales
Mgmt/Training Support Description: Seller will remain available for up to 30 days, to consult and ensure a smooth transition for the new owner, and customers.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,727 61,839 90,122
Median Age: 30.85 34.79 35.32
Households: 3,214 22,103 32,462

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