Cellular Phone & Time Distributor
Baldwin
County, Alabama
Financials
Asking: $1,000,000
Gross: $9,357,584
Cash Flow: $300,000
Summary
Description
This home-based and rapidly growing wholesale distribution business sells
cellular phones, prepaid phone cards and P.O.S. cellular phone time. The P.O.S.
sales account for the majority of revenue and are via VeriFone terminals that
sit next to the cash register in convenience stores and other retail outlets.
The firm has over 400 locations in 8 Southeastern states. The phenomenal growth
of this business has validated the need for its products and the upside
potential is unlimited. The current owner has been unwilling to hire regional
or national salespersons to take this business to the next level, but this
could be done by someone willing to make the effort and investment. The
impressive cash flow for 2008 is annualized from the 2008 9-month P&L and
is expected to be over $204,000. However, new locations are being added weekly,
so these numbers are very conservative. For additional details on this
acquisition opportunity, please call or email William Bruce at (251) 990-5910
or WilliamBruce@bellsouth.net.
General
Information
Year Established: 1998
Employees: 1 + Owner
Facilities: Home based
Market
Outlook
Growth and Expansion: According to several trade journals, this business
is among the very top in potential for growth over the next decade.
About
the Sale
Support/Training: The seller is committed to a seamless transition and
will thoroughly train a new owner in all aspects of the business.
Contact
Information
William Bruce
Sunbelt Business Brokers
Phone: 251.990.5910