Retail Business For Sale in Arkansas

Profitable Verizon Wireless, Dish Tv, Rural Internet Service & More

Advert Id: 60926, Sellers Ref: (BBS-2032916)
  • Location:Arkansas
  • Category:Retail
  • Asking Price:$550,000
  • 550000
  • Sales revenue :$957,588
  • Net profit :$222,756
  • Furniture/Fixtures value :$7,500
  • Inventory/Stock value : $40,000

Business description

Consistent growing profits with clean financial records.

The company foundation is the Verizon Wireless (VZW) Agent business. This business is based on the purchase and resale of wireless service, equipment and accessories. The business has grown organically by adding services through the years.

They have additional revenue streams derived from Satellite TV, Wi-Fi Networking for boosting signals within a building, Home Audio/Video Sales and Service. Over the past 20+ years, they have become known as the place in their area to go for communication equipment and services. There is little local competition in any of their segments.

The internet service provider (ISP) business for rural customers without cable access has been growing and provides a stable recurring-revenue stream. This market segment continues to grow organically.

Sales breakdown is approximately 45% Verizon Phones and Accessories, 40% ISP and 15% other products and services. Current sales for 2022 7%+ ahead of 2021.

  • Selling Assets: FFE $7,500/Inventory $40,000
  • Real Estate: The store is located in a strip plaza on the main road. It’s a modern, clean, and well-maintained plaza with plenty of parking and a responsive landlord. 24’x48’ unit on main floor, 24’x48’ office/warehouse unit in walk-out basement directly below the retail unit. Tractor trailer access to both units
  • Expansion: Many related services can be added. Also retail space can be opened up by move current inventory area downstairs to warehouse.
  • Years Established: 2003
  • Employees: 3
  • Trading Hours: Monday-Friday 10:00-5:00 Saturday 10:00-2:00
  • Support Training: As Required
  • Reason For Selling: Retirement
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