An opportunity to acquire an existing mobile phone repair and accessories retail business in Baulkham Hills, Sydney.
The business provides iPhone, Samsung and tablet repair services, including screen replacements, battery replacements and charging port repairs. It also retails phone cases, screen protectors, charging accessories and mobile devices.
This opportunity may suit an experienced technician, an owner-operator, or an existing mobile repair business looking to expand.
The asking price is AUD $80,000 + SAV, excluding stock, which will be purchased separately at an agreed valuation. Business assets and equipment included in the sale will be confirmed in the final sale agreement.
Preliminary financial and lease information:
Estimated monthly turnover: AUD $24,000.
Indicative annualised turnover: AUD $288,000, seller's preliminary estimate.
Estimated gross profit margin: 60%.
Net profit: Not yet verified. Gross profit and any surplus before owner labour costs are not net profit.
Monthly base rent: AUD $6,600 excluding GST and outgoings.
Estimated monthly outgoings: AUD $1,000.
Employees' wages and super: Approximately AUD $4,000 per month, excluding owner labour.
Other operating expenses: Approximately AUD $500 per month.
Current lease expiry: 30 April 2028. Renewal options: To be confirmed.
Owner working hours: Unknown.
All financial figures are preliminary estimates and subject to verification. The GST basis of turnover and other financial estimates, and final net operating profit, are not yet confirmed.
